The broker persuaded clients to write checks payable to him, the regulator claims.

The firm allegedly profited $14 million by fabricating performance records.

Aaron Parthemer misrepresented investments to his pro athlete clients, the regulator claims.

David Bahnsen told the president that that Milken’s prosecution was a result of “a period of class envy run amok.”

The one-time radio host allegedly spent client funds on a $1.45 million on a luxury suite at AT&T stadium, where the Dallas Cowboys play.

The RIA rep fabricated account statements and used forged letterheads as part of the deception, investigators say.

The broker claims in filings that he was harassed by the bank, culminating in his firing in February of last year.

Family dynamics can muddy an otherwise clear situation.

Approximately $4,500 was used to sponsor a cricket club via a shell company, authorities say.

Robert Cook said wealth management firms "must do their part."

He confessed months after he was caught with 136 pounds of marijuana, investigators say.

Experts stress that advisers are on the frontlines in detecting when senior clients suffer from diminished capacity or fall victim to abuse.

The investor received 15 months in prison after pleading guilty to wire fraud.

The new recruit joins after the regional firm paid $150 million to settle a lawsuit brought by an SEC receiver.

On the heels of a record-breaking year in enforcement, the regulator takes aim at cybersecurity, anti-money laundering policies and protection for senior clients.

The settlement is the third major regulatory payment the BD has incurred in the past year. A branch manager associated with the Jay Peak case has also left the firm.

A roundup of planners and brokers who drew regulatory scrutiny for alleged misconduct.

Firms will be permitted to place a temporary hold on disbursements of funds when there is reasonable belief of financial exploitation.

The former adviser allegedly pocketed more than $300,000 from trades involving pharmaceutical stocks.

The barred broker used $2.5 million in client funds to buy a waterfront home in Rhode Island, authorities say.