Stockbroker George Merhoff Jr, formerly with Cetera Financial Group, has been barred indefinitely by the Financial Regulatory Authority Inc. (FINRA) following his failure to comply with a FINRA investigation into his alleged securities industry...
A new set of amendments to the Securities and Exchange Commission regulation to impose a higher fiduciary duty standard on broker-dealers was recently approved in a 3-1 vote. What the New Rule Means The intention of the new regulations was to...
The Financial Industry Regulatory Authority has charged a former Ameritas Investment Corp. broker with neglecting to follow through with an inquiry into allegations of him selling unapproved investment products. “Selling away” is when...
Insurance agent James Hocker has been charged with fraud by the Securities and Exchange Commission for duping investors out of nearly $1.5 million in a Ponzi scheme.
In an attempt to closely monitor individuals and firms with a history of misconduct, the Financial Industry Regulatory Authority (FINRA) has proposed a new regulation that hopefully would allow the agency to supervise securities firms and...
The Financial Regulatory Authority has barred former LPL financial adviser broker Philip Nalesnik after Nalesnik failed to provide testimony in a hearing involving his alleged business misconduct.
