FINRA

Louis Blazer III used client funds to finance 'Mafia the Movie,' according to the complaint.

Shelley Steuer Freeman, the bank's former Los Angeles regional president and head of Consumer Credit Solutions, was barred for refusing to provide FINRA with documents it requested.

The advisors collected $1.7 million by fraudulently pushing variable annuities, investigators say.

The rep took more than $1,500 from the bank's cash drawer over a three-month period beginning on New Year's Eve last year, FINRA claimed.

The violations ranged from the improper reuse of signed customer forms to the execution of discretionary transactions without written authorization.

Collectively the four firms provided market access to numerous clients that executed millions of trades per day.

The move will streamline investigations and standardize sanctions, the regulator says.

The rep claimed the firm misled him when they recruited him from PNC Bank.

The Labor Department is receiving a deluge of feedback from advisers and investors on whether to revise its controversial regulation.

Regulators are contacting the bank after financial details of some 50,000 clients were inadvertently sent to an outside party, according to a person with knowledge of the matter.