Stockbroker Misconduct and Investment Fraud Blog

FINRA Bans Firm and CEO Over Drug Kickback Scheme

FINRA Bans Firm and CEO Over Drug Kickback Scheme

FINRA Bans Firm and CEO Over Drug Kickback Scheme The Financial Industry Regulatory Authority (FINRA) announced this week that it has banned New York-based Halcyon Cabot Partners Ltd. and two of its executives over allegations of fraud, kickbacks...

UBS Fined $17.5M For Investment Strategy Switch

UBS Fined $17.5M For Investment Strategy Switch

UBS Fined $17.5M For Investment Strategy Switch Two UBS advisory firms have been fined $17.5 million for failing to advise investors that the firms had drastically changed their investment strategy regarding an investment fund they advised...

FINRA Sanctions UBS Puerto Rico $18.5 Million

FINRA Sanctions UBS Puerto Rico $18.5 Million

  FINRA Sanctions UBS Puerto Rico $18.5 Million Problems continue for UBS Puerto Rico, with the Financial Industry Regulatory Authority (FINRA) announcing that it has fined UBS Puerto Rico $7.5 million for supervisory failures related to the...

SEC Proposes Modernizing In-House Court

SEC Proposes Modernizing In-House Court

SEC Proposes Modernizing In-House Court The U.S. Securities & Exchange Commission (SEC) has voted to propose amendments to how its administrative tribunals operate – including expanding discovery and allowing more time for an in-house...