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.

When an adviser’s Spidey sense tingles, there’s usually a good reason, Kimberly Foss says.

A Senate bill would provide liability protections for advisors who report suspected abuse of senior clients.

One lawmaker who sponsored the resolutions said the regulations were an “assault on small business retirement plans.”

The adviser used the money to fund his “lavish lifestyle,” including $1.6M for private jet services, according to authorities.

The “Pirates of the Caribbean” and “Edward Scissorhands" star accuses his onetime planners of fraud and negligence in a $25 million lawsuit. The former advisors have countersued.

Advisers have been warned: SEC's exam guidance to focus on cyber threats and issues involving seniors, leaving little excuse for noncompliance.

The advisor paid $50,000 to a widow's lawyer to refer her $100 million account to him – a fact he failed to disclose to the client, the agency claims.

The regulator plans to ramp up scrutiny of bad brokers and electronic communications, among other new measures.

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.

Her proposal to expand a probe into possible sales abuses was met by resistance from an executive who didn’t want to alienate the bank.

Ex-RIA Richard G. Cody gave false reports to retirees for more than a decade, the SEC says. Many lost most of their life savings.

Friends and business associates lost $2 million in a Ponzi-like scheme.