-
Even in the present deregulatory climate, the Treasury Department is pressing ahead with a rule to require advisors to screen for and report suspicious activity.
March 8
-
The SEC is investigating the bank for selling clients mutual funds that charge marketing fees when other, cheaper funds were available. SunTrust expects an enforcement action.
February 27
-
“It starts out small,” the advisor told his compliance officer, authorities say. “You think you are going to pay it back.”
February 24
-
A Senate bill would provide liability protections for advisors who report suspected abuse of senior clients.
February 21
-
The former broker, who pleaded guilty to securities fraud last month, allegedly promised clients returns of up to 15% and used proceeds for personal expenses.
January 4
-
Charles J. Dushek allegedly made trades without designating in advance whether he was trading personal money or client assets.
December 21
-
The firm’s review process is called "paper-thin" after an adviser is charged with selling retirees unsuitable variable annuities and fabricating client information.
December 2
-
Friends and business associates lost $2 million in a Ponzi-like scheme.
November 2
-
Regulator comes down hard on compliance failures; additional $6.3 million must be paid back to investors.
November 2
-
One of the sanctioned advisers has 26 disclosure events listed on his FINRA BrokerCheck record while remaining in good standing with Ameriprise.
October 21
