Margarida Correia

The advisor claimed the bank placed a slanderous statement in his form U5, preventing him from finding a new job.

The two broker-dealers have a new owner eager to grow the businesses considerably.

Clients may want to opt for a fund that follows small companies as they will benefit from a lower corporate tax rate under the new tax law.

Clients will no longer be able to undo Roth conversions once the new tax law takes effect next year.

The firm displayed inaccurate ratings for more than 1,800 equity securities to its brokers, supervisors and retail customers, FINRA alleged.

Seniors who are 70 1/2 and older should ensure that they take their first required minimum distribution from tax-deferred retirement accounts by December 29.

The rep used his own money to pay the customer the interest she expected on a brokered certificate of deposit.

As a result of the violations, the firm created deficits in foreign and domestic securities valued at hundreds of millions of dollars, FINRA alleged.

Clients should refrain from cosigning their child's student loan, as Social Security could garnish their retirement benefits if the child defaults on the loan payments.

Brian Lamb succeeds Mike Michael who was named to the post in May.