May 6, 2015

LPL Financial fined $11.7 million for ‘widespread supervisory failures’

FINRA said the firm failed to properly supervise sales of complex products, including certain ETFs, variable annuities and non-traded REITs May 6, 2015 The Financial Industry […]
September 22, 2014

SEC to Pay $30 Million Whistleblower Award, Its Largest Yet

Blowing the whistle is increasingly worth big bucks.The Securities and Exchange Commission said Monday that a foreign tipster will collect a record whistleblower award of more […]
September 8, 2014

Morgan Stanley/UBS Merger “Conversations”

SEPTEMBER 8 – There are rumblings, rumors, conversations, hypotheticals within the wealth management industry that Morgan Stanley has given consideration to buying UBS WMA’s North American […]
March 13, 2014

SEC Takes Action in Alleged Variable Annuities Scheme

The Securities and Exchange Commission announced enforcement actions against a pair of brokers, an investment advisory firm and several other people involved in an alleged variable […]