Regulatory actions and programs

Tom Buck was once a top-ranked Barron's advisor at the wirehouse, where he worked for more than 30 years.

The advisor reportedly sold $48,500 worth of securities in a purported computer products wholesaler without disclosing the transactions to his then employer, J.P. Morgan Securities.

The rep used an unauthorized ATM card to withdraw $1,000 from a bank customer's account, FINRA claimed.

Two hundred fraudulent wire transfers were made over more than a decade, says the regulator.

State administrators find reason for scrutiny in advisors’ increasing use of flat fees.

Advisors should address client issues in-house, which sometimes means taking a hard look at supervisory controls, regulators say.

Bernard Parker spent his client's money on his home, car and father-in-law’s bills, according to federal prosecutors.

The board metes out punishment against planners Jeffrey and Kimberly Camarda after they unsuccessfully sued the board.

Reps recommended complex investments without restrictions, the regulator said.

The regulator claimed he sold $2.63 million in equity-indexed annuities without disclosing the business to his employer, U.S. Bancorp Investments.

The change could alleviate firms’ recruiting worries that they must pay trainees to spend the first few months studying.

Authorities say increased regulatory coordination has boosted scrutiny of firms and advisors.

Chairman Jay Clayton says the regulator is drafting a rule proposal to harmonize standards for brokers and advisors.

What led Louis Martin Blazer III to cooperate with federal prosecutors?

The storm devastated Puerto Rico, which has seen a surge of client complaints.

State examiners are finding more shortcomings. At the same time, advisors face bulked-up regulators probing more aspects of their practices.

Advisor Munish Sood is charged with fraud and bribery by FBI and U.S. Attorney.

The advisor targeted clients he obtained at Social Security seminars, according to prosecutors.

The wirehouse failed to properly supervise more than $33 billion worth of UIT transactions, according to FINRA.

The rep purportedly received an email from the impostor requesting that she sell securities to fund the wire request to a third-party in the United Kingdom.