Financial crimes

North Carolina stood accused of taking in $7.2 million from 13 victims over course of decade.

For the first time, the brokerage's self-regulatory body is citing the 3-year-old rule as a reason to remove a firm from the industry.

Joseph DeGregorio promised a 13% return on promissory notes that never existed.

The financial services firm continues to go before FINRA arbitration panels to defend itself against claims over ex-broker's actions.

The top Massachusetts securities regulator contends a broker's misdeeds could have been prevented if internal compliance officers had only tried.

His lawsuit is the first to follow the U.S. Supreme Court's decision in another case questioning the regulator's "at-home" advantage with internal proceedings.

The information is technically out there, but FINRA critics contend the regulator should be doing more to make the public aware of advisors with dubious pasts.

The $2.4 billion request for the Wall Street regulator would put 1,434 officers on the compliance beat, up 4% from seven years ago.

The SEC and DOJ accused a New Jersey-based broker of using insider knowledge to make more than $3.4 million from a scheme involving special purpose acquisition companies.

The service's Criminal Investigation unit investigated 975 tax and money laundering cases related to COVID-19 with fraud totaling $3.2 billion.

Americans lost 30% more money to scams last year than in 2021. And the biggest losses were from seniors.

An advisor group warns the cybersecurity regulation is coming amid a flurry of proposals that could leave firms buried.

The church agreed to pay $1 million, while its Ensign Peak Advisers paid $4 million, to settle the SEC complaint that they failed to file forms disclosing the church's equity investments.

The Wisconsin wealth manager persuaded more than a dozen clients to put roughly $1.9 million into 'unrated, illiquid, high risk, and potentially speculative' investments. But he never made the investments.

Even if advisors get a disclosure removed from their records, the damage done online can be difficult to manage.

Investment scams are as old as investments themselves, and it doesn't get any easier to avoid falling prey to them. But advisors can help.

FINRA warned brokers in its latest annual report about not being fully up to speed with the client-care rule.

Christopher Parris also pleaded guilty to fraudulently trying to sell COVID masks to the U.S. government and private businesses.

Comments on FINRA proposal question of difficulty of getting meritless customer complaints erased.

A lack of adequate safeguards has made it too easy for criminals to prey on elderly Americans.