Fraud
Fraud
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The investor received 15 months in prison after pleading guilty to wire fraud.
June 1 -
The new recruit joins after the regional firm paid $150 million to settle a lawsuit brought by an SEC receiver.
May 4 -
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.
April 20 -
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.
April 17 -
A roundup of planners and brokers who drew regulatory scrutiny for alleged misconduct.
April 3 -
Firms will be permitted to place a temporary hold on disbursements of funds when there is reasonable belief of financial exploitation.
March 30 -
The former adviser allegedly pocketed more than $300,000 from trades involving pharmaceutical stocks.
March 21 -
The barred broker used $2.5 million in client funds to buy a waterfront home in Rhode Island, authorities say.
March 17 -
When an adviser’s Spidey sense tingles, there’s usually a good reason, Kimberly Foss says.
February 28 -
A Senate bill would provide liability protections for advisors who report suspected abuse of senior clients.
February 21 -
One lawmaker who sponsored the resolutions said the regulations were an “assault on small business retirement plans.”
February 16 -
The adviser used the money to fund his “lavish lifestyle,” including $1.6M for private jet services, according to authorities.
February 9 -
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.
February 1 -
Advisers have been warned: SEC's exam guidance to focus on cyber threats and issues involving seniors, leaving little excuse for noncompliance.
January 13 -
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.
January 10 -
The regulator plans to ramp up scrutiny of bad brokers and electronic communications, among other new measures.
January 9 -
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 -
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.
December 19 -
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.
December 14 -
Friends and business associates lost $2 million in a Ponzi-like scheme.
November 2

















