FINRA

The former Edward Jones broker wanted to get back at his competitor for stealing a client.

Morgan Stanley and one of its advisors were ordered to return the entrepreneur's investment in two private placement funds totaling $536,000 and pay him $37,500 in compensatory damages.

Investigators say the broker spent his clients’ money on luxury cars and home improvements.

The effort will allow other critical resources to be focused on more substantive matters such as examinations and licensing requirements.

Compliance and technology hurdles have snarled firms’ efforts to address a longtime gripe.

Expenses are rising, but revenue is flat as the regulator holds off on raising member fees.

It’s not easy, but advisors who believe they were wronged can request their records be expunged, an expert says.

The regulator outlined the top priorities for 2018 examinations.

Critics say the practice of using non-attorneys, some with criminal records, to represent investors often makes their problems worse. Advocates say it's cheaper.

How advisors deal with grievances and arbitration can make or break a career.