Regulatory actions and programs

The firm "deprived its clients of unbiased financial advice," the regulator says.

The bank disclosed earlier this month that it faces a U.S. inquiry into its purchase of low-income housing credits.

An overreliance on disclosure isn't enough to protect clients from bad brokers, the investor advocacy group says.

The commission’s draft fails miserably as a consumer protection measure for the public and actually makes matters worse.

The case offers a new look at decisions made inside one of the nation’s largest home lenders before the financial crisis, and the evidence that executives saw of mounting trouble.

The firm filed a motion arguing one of its ex-brokers did not challenge the proceedings until after the panel ruled against her.

George L. Taylor and Temenos Advisory violated their fiduciary duty by pocketing commissions and concealing conflicts while the firm was in financial distress, the commission charges.

At least 17 individuals invested $13 million in the scheme, and many lost 'substantial portions' of their life savings, prosecutors say.

It is the latest example of how companies are facing pressure to discipline individuals who have abused their position to obtain sexual favors or committed acts of violence and bullying.

The funds allegedly paid for summer camp fees and a 1976 Corvette.

The SEC claims Schwab failed to file reports on suspicious transactions by independent advisors.

Company policies were not reasonably designed to detect and prevent misconduct, the SEC claims after one advisor allegedly misappropriated more than $5 million from client accounts.

DaRayl Davis spent client funds on a luxury mansion, theater tickets and car rentals, federal prosecutors say.

The firm arranged to make transactions differently on the days that it was required to calculate its reserve deposits, the regulator says.

Her fresh criticism comes after FINRA barred her former Morgan Stanley branch manager this week.

The court said the in-house SEC judge who handled Raymond Lucia’s case was a constitutional "officer," meaning he should have been directly appointed by the SEC.

Prosecutors are presenting evidence of his training in securities markets to show that he'd likely know the information was purloined.

The client, who was the co-founder of the HSN, suffered from dementia and was declared legally incompetent, according to a FINRA letter of acceptance, waiver and consent.

The regulator obtained an emergency asset freeze against the advisor.

The wirehouse's traders and salespersons misled and overcharged clients with regard to the securities, the regulator charges.