FINRA

The regulator accused the rep of writing 38 checks totaling $46,280 from two personal J.P. Morgan bank accounts that it claims did not have sufficient funds to cover the checks.

The rep declined to provide the regulator with the documents and information it needed to assess allegations that he misappropriated bank customer funds.

How the new regulation will affect a planner’s advice.

The brokerage firm processed a number of securities transactions that facilitated conversions of foreign currency from or into U.S. dollars, FINRA claimed.

The regulator said "significant deficiencies" affected hundreds of millions of records.

With cybercrime an increasing threat to small financial firms, it’s important to have a comprehensive defensive program in place.

Lawyers have filed FINRA arbitration claims alleging the bank deprived them of their bonuses.

"I lose years of my life. They can settle, write a check and move on," says an adviser whose book of business dropped by $40 million after he alleges he was wrongfully terminated.

The wirehouse will leave its core pay grid untouched for 2017.

The regulator is concerned that Wells Fargo did not follow proper procedures in notifying former reps of their U5 filings and that the information contained in them was not correct.