After two stints as a rep for Charles Schwab, Russell Joseph Mutter started a Ponzi scheme that ran for nearly a decade in his home county.

Board members and executives from FSI share updates on its legislative agenda, their thoughts on private equity investing and insights into other key industry topics.

About 20% of FINRA client arbitration awards are unpaid every year, but there are signs that the former First Standard clients could receive some restitution.

The firm that helped dozens of practices go independent is using the tactic most often deployed by its previous main rivals.

Rapidly growing multifamily office Cresset and similar firms have been adding advisors in droves even as wealth managers take them to court.

Officials said when he could no longer keep his investment fraud running, Scott Nicholson admitted to his clients that their money was gone and their investment was worthless.

Investor advocates would like to see enforcement provisions, not just incentives.

FINRA found that Michael Mancinelli improperly exercised discretion and caused his firm to have inaccurate books and records.

Furman Alexander Ford, who once jumped his fence to avoid federal agents, will head back to trial in May for a separate criminal case involving Medicare fraud.

The SEC is asking the public for feedback on a Grayscale Investments application application to turn its Grayscale Bitcoin Trust into an ETF tied to Bitcoin’s spot price.

Some of the largest firms and their most stringent critics are wondering what Gary Gensler’s team will do in 2022 with Reg BI.

A group of lawmakers teamed up Thursday to introduce bipartisan legislation that aims to create a workable structure for taxing purchases made with cryptocurrency.

The hefty FINRA award might not deter firms from poaching difficult-to-find talent.

The wirehouse and its attorney “manipulated the arbitrator selection process” and “introduced perjured testimony,” according to the ruling.

Some applicants claimed to have gained years of investment experience just days after an initial application was denied.

German Nino concealed fraud losses totaling $5.8 million through fake account statements and other doctored documents, investigators say.

Vanguard’s cut in investment minimum left smaller accounts holding the tax bag

A client received damages, interest and attorney fees as wealth managers await more fallout from a major fraud case.

Saifr’s technology flags risks and compliance issues in documents, social media posts and videos before they are sent for review.

FINRA alleges the firm failed to maintain control of billions of dollars in securities and spent more than a decade inaccurately disclosing potential conflicts of interest.