The U.S. Securities and Exchange Commission (SEC) presented a new investor protection rule last November. The agency´s motivation is consumer protection, as this new rule would make it harder for investment advisers and brokers to sell risky...
Corporate officers and directors frequently find themselves involved in complex legal proceedings in which they face exposure merely by reason of the fact that they served as an officer or director. In such proceedings, the legal expenses...
A lawsuit involving an attorney-broker who allegedly ran a Ponzi scheme if facing push back after the suit had been removed from federal court.
Wells Fargo is accused of violating various swap dealer’s business conduct standards and must pay nearly $14.5 million to resolve claims.
The Securities and Exchange Commission (SEC) barred the founder and owner of Financial Sherpa Inc., James L. Beyersdorf, for his role in a cherry-picking scheme.
The Financial Industry Regulatory Authority (FINRA) fined UBS Financial Services with $2M for continually failing to inform clients about changes in the tax-exempt status of their municipal securities.
