Margarida Correia

FINRA reprimanded the former rep for allegedly falsifying personal documents as accommodations for HSBC bank customers.

The former rep allegedly stole $1,380 from a customer's bank account by issuing and then using a debit card without the customer's knowledge.

Shifting to advisory business means firms will have to develop new incentives to attract talent, as the job will not offer the same earning gratification as it once did.

FINRA blasted the former rep for allegedly making unsuitable recommendations in unit investment trusts that cost customers more than $1 million in losses.

The trio expressed confidence in their ability to weather the impact of the rule on their wealth businesses during recent earnings calls.

Despite a challenging operating environment, the broker-dealer’s earnings soar from the previous quarter.

The traditional grid that delivered handsome payouts for advisers will likely go away for all but the top performers.

Industry veteran Scott Schmid will oversee the San Diego market for its Private Client Reserve beginning May 9; hopes to double headcount in 2 years.

The large Northwest Pacific institution abandoned its third-party broker-dealer for CUSO Financial Services.

FINRA scolded the firms for alleged operational systems, supervisory and recordkeeping deficiencies.

The rep was barred for engaging in money laundering and helping a childhood friend and business associate deceive creditors.

Rogers described any potential impact of the new rule as marginal and noted that it might also offer opportunity.

The weak performance was due to challenging market conditions, which reduced assets under management and client activity, the bank's CFO said.

The advisor was banished for refusing to cooperate with a FINRA investigation into wire activity in the advisor's bank account.

The decline was primarily due to the sale of the bank's propriety mutual fund business in the fourth quarter of 2015.

The broker was reprimanded for lying on a customer's behalf.

The rep refused to cooperate with a FINRA investigation into allegations that he stole money from retail bank customers.

The program allows retiring advisors and their junior brokers to work out their own financial arrangements during the first two years of the five-year program.

The rep opened and funded an account with an IRS tax-refund check that was later connected to a fraudulent filing.