Litigation

The former advisor faces as many as 10 years in prison for stealing roughly $1.7 million from relatives' brokerage accounts to pay for trips, cruises and other personal expenses.

Dennis B. Levine, a central player in the 1980's most notorious insider trading scheme, benefits from the regulator's fix, but so will some everyday financial planners.

The SEC case is the latest to highlight the risks investors run when they get involved with "blank check" companies.

Long-time CEO maintains he never met or even knew of notorious sex offender.

Federal officials have long warned of the dangers of accounts with few guardrails on what they can invest in.

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

The case is the latest arbitration decision showing risks advisors run when they jump ship and think they can take investors with them.

Paul Morris, a managing director in Merrill Private Wealth Management, was deposed about his relationship with Jeffrey Epstein at two other banks now facing suits alleging they knowingly benefited from sex-trafficking.

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

Investors argues in suit that Jamie Dimon and other executives risked the bank's reputation in their dealings with the disgraced financier.

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

Lawyers for the popular brokerage service argue that federal regulators have resisted the use of a single conduct standard to preserve investor choice.

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.

Randall Kiefner's arrest on 21 counts comes amid an ongoing fight over payments from a previous FINRA arbitration award

In letters to the FTC, financial planners contend that noncompetition and nonsolicitation provisions can leave them 'handcuffed' to bad firms.

Regulators accused the investment tech company of costing customers millions of dollars by not reducing their capital gains liability.

A securities expert says the Ponzi-like plot allegedly carried out by a former Deutsche Bank investment banker is a sign that regulators need to provide crypto clarity.

Investor advocates argue that Massachusetts was within its right to hold broker-dealers to a higher standard.

The SEC is moving forward with regulations that broker advocates argue could make it nearly impossible to have online complaints purged.