Compliance

The broker misappropriated his clients’ investment money for rent, credit card bills and other personal uses, investigators say.

She'll now be responsible for supervisory operations at one of the largest firms she once helped regulate.

The revised code of conduct will broaden fiduciary responsibilities for planners, but critics say the framework falls short on disclosures and conflicts.

The broker belonged to Morgan Stanley's Chairman's Club, a group reserved for the elite among the firm's advisor ranks.

The regional BD failed to properly document its own investigations in the matter, and couldn't answer some SEC questions about who knew what and when, the regulator says.

National Financial Services accused the brokers' former IBD of breach of contract in a case displaying the complexities of such moves.

The broker also purportedly neglected to disclose an outside real estate business to BBVA, FINRA said.

The accusations shed light on the massive back-office systems maintained by regulators and the difficulty of keeping the sensitive information in them private.

Compliance experts stress the importance of working out a game plan for how to handle an exam before the feds come knocking.

The two IBDs have agreed to pay restitution in one of the largest securities fraud cases in the advisor’s home state.