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Stifel, Nicolaus, and Co. to Pay Back $78,000 to Missouri Investors for Broker Fraud
"America's Prophet" Psychic Accused of Multimillion-Dollar Investment Fraud
Securities Fraud Law Firm Shepherd Smith Edwards and Kantas, LLP Warns Investors Against Affinity Fraud
Oppenheimer Holdings Inc. Settles Massachusetts Auction-Rate Securities Allegations
Citigroup Ordered to Defend Against Securities Fraud Allegations by Terra Securities of Norway and Several Norwegian Municipalities
SEC Says It Has Jurisdiction to Go After Ex-JP Morgan Executives For Securities Fraud
Court Reinstates Texas Securities Arbitration Award
Ex-UBS AG Executive to Settle ARS Insider Trading Allegations Made by NY Attorney General Cuomo with $2.75 Million Penalty
Morgan Keegan Ordered by FINRA Panel to Pay Investor $2.5 Million for Bond Fund Losses
Frontline Advisors LLC and Frontline Financial, Inc. Propose Texas Securities Fraud Settlement that Includes Permanent NFA Bar
H & R Block Financial Adviser Claims: Securities Fraud Law Firm Shepherd Smith Edwards & Kantas LLP Investigating Inadequately Supervised Reverse Convertible Notes for Investors
FINRA Fines H & R Block Financial Advisors (Now Ameriprise Advisor Services) over Sales of Reverse Convertible Notes (RCN)
Bank of America To Settle SEC Charges Regarding Merrill Lynch Acquisition Proxy-Related Disclosures for $150 Million
Former Chelsey Capital Hedge Fund Manager Accused of Using Insider Tips From Former UBS Executive Pleads Guilty to Illegal Trading
Dallas Securities Attorney and Former SEC Litigator Convicted of Fraud in Pump and Dump Stock Scam
FINRA to Assess Amerivet Securities Inc. Allegations that Certain SRO Executives Received Excessive Pay in 2008
Claims Filed Against Morgan Keegan Division of Regions Financial Causes Shortage of Arbitrators
Former JPMorgan Bankers Sued by SEC Over Swap Transactions Want Judge to Dismiss Securities Fraud Charges
Securities Claims Over Morgan Stanley Mutual Funds Dismissed by Appeals Court
SEC Warns that Disclosure of a “Possible Risk” is Misleading When the Event has Already Occurred
Texas Class Action Securities Fraud Claim Against Cushing MLP Total Return Fund CEO and CFO Can Go Forward, Says District Court Judge
SEC is working on issues related to asset-backed securities, credit ratings, and money market mutual funds, says Schapiro
Judge Gives Lower Sentence to Former Credit Suisse Broker Convicted of Auction-Rate Securities Fraud
Troubled GunnAllen Securities to be Acquired by Progressive Asset Management as Lawyers for Investors Investigate the Sale.
Former Evergreen Investment Adviser Settles SEC Insider Trading Charges Involving Ultra Short Opportunities Fund
Former Southwest Securities Broker’s Lifetime Industry Bar for Texas Securities Fraud is Affirmed, Says Appeals Court
Securities Class Actions are No Longer the Fad as Investors Hire Their Own Attorney to Recover Far More!
Court Stops Results One Financial LLC Adviser’s Alleged Investment Fraud Scam
SEC Cannot Order Former Rauscher Pierce Broker to Compensate Investors for Losses, Says Court
Dismissal of Lone Star’s $60 Mortgage-Backed Securities Texas Fraud Action Against Barclays is Affirmed by Federal Appeals Court
For Role in $2.4 Billion Refco Investor Fraud Scheme, Former Mayer Brown Partner Receives 7-Year Prison Sentence
Number of FINRA Arbitration Claims Rose in 2009 Following Market Crisis
Schwab YieldPlus and Morgan Keegan RMK Funds Among Worst Mutual Fund Disasters of the Last Decade, According to US News & World Report
SunTrust Robinson Humphrey Ordered to Pay $4.1 Million to Former Institutional Salesperson for Alleged Defamation and Wrongful Termination
Investors of Robert Bentley Ponzi Scam Suffer Setback as Court Overturns $32.7 Million Verdict Against Brokerage Firm and Investment Bank
Number of Ponzi Scam Collapses Increased Significantly Last Year
Goldman Sachs Executives Sued by Pension Fund Over Bonuses
Judge Rejects ‘Fat Cat’ JPMorgan Chase’s $9,122 Bill for Producing Subpoenaed Documents
SEC Accuses Austin Advisor, Triton Financial, and Triton Insurance of Texas Securities Fraud Scam Involving Former NFL Football Players
Texas Securities Fraud: SEC Freezes Assets of Fourth Person Involved in Alleged $485 Million Ponzi Scheme
New Judge in Securities Fraud Case Involving Former Brokers Previously Affiliated with Capital Growth Financial, Wachovia Securities, and VSR Financial Services
Merrill Lynch Must Pay $26 million to States to Resolve Charges of Failure to License Associates
Attention Schwab Yield Plus Investors: Deadline for Opting Out of Class Action So You Can File Your Own FINRA Arbitration Claim is December 28
Credit Suisse to Pay $536 Million Settlement For Violating US Sanctions With Secret Transactions from Iran, Libya, Cuba, Burma, and Sedan
Citigroup, J.P Morgan Chase, Morgan Stanley and Other Firms Added to Investigation of Goldman Sachs over "Front-Running" of Research
Securities Fraud: Broker Sentenced for Selling High-Risk Short Term Funds to Four Pennsylvania School Districts
Lehman Brothers Sues Barclays for Billions Over Windfall Profit From Asset Sale Transaction
Edward Jones and Merrill Lynch Brokers Like Where They Work, While UBS Representatives are the Least Happy
UBS Loses Lehman Arbitration Note Claim by Small Investor
Even as FINRA Lost $696.3 Million in 2008, its Executives Made Millions
Texas Securities Commissioner Not Convinced SEC Has Reformed Itself Since Madoff Ponzi Scam
SEC Submits Amended Complaint Against Bank of America Over Merrill Lynch Merger and Executive Bonuses
The Investor Protection Act is Approved by House Financial Services Committee
Braintree Appeals to Keep Auction-Rate Securities Lawsuit Against Citigroup in Court
FINRA Bars Former Piper Jaffray & Co. Broker from Industry for Insider Trading
Fighting Senior Investment Fraud: Panel Calls for SEC, Labor Department, and Treasury Department to Work Together
Number of Securities Lawsuits Increased During 3rd Quarter
Obama Administration Supports Investors' Securities Fraud Lawsuits Against Merck
JP Morgan Chase to Pay $75 Million in Penalties and Forfeit $647 Million to Settle SEC Charges Over Alleged Municipal Bond Payment Scam
Stifel Financial Corp. Sees 73% 3rd Quarter Earnings Rise and Completes Purchase of 56 UBS Financial Services Inc. Branches
Securities America & Ameriprise Financial Inc. Sued For Selling Allegedly Faulty Private Settlements
SEC to Continue Fight Against Senior Investment Fraud in 2010
Stifel, Nicolaus & Co. and AXA Advisors Broker Charged in Ponzi Scheme Victimizing Church Members
CIT Group Bankruptcy Exposes Fraud Against Many Investors Who Were Sold Preferred Stocks And Bonds
SEC to Probe Whether Former Ferris, Baker Watts Inc. General Counsel Failed to Properly Supervise Broker Convicted of Securities Fraud
Scottrade Fined $600,000 by FINRA for Inadequate Anti-Money Laundering Program
Citigroup, AK Capital, National Financial Services, and Tradestation Fined and Censured by NYSER Over Trade Violations
Morgan Keegan Again Ordered by Arbitrators to Pay Bond Fund Losses to Investors
JP Morgan to Repurchase $480 Million in ARS from Michigan Investors
Two Dresdner Kleinwort Traders Censured for Market Abuse by UK’s FSA
Elder Securities Fraud: FINRA Bars Former Broker From Industry
Market Timing Violations Against AG Edwards & Sons Inc. Supervisors and Broker Upheld by the SEC
Ex-Enron Broadband CEO Goes to Prison for Texas Securities Fraud
SEC Warns Charles Schwab Corp. of Possible Civil Charges Over Two Bond Funds
Notice: Schwab YieldPlus Investors Must Act Quickly To File Independent Claims For Losses
Citigroup ordered to pay $600,000 FINRA fine for inadequate supervision that may have allowed foreign clients to avoid paying taxes on dividends
NASAA Releases Investment Adviser Best Practices To Improve Compliance
SEC Office of Administrative Services' Office of Acquisitions Has Shortfalls that Could Impede Operation, Says Audit
Make Credit Rating Agencies Collectively Liable for Inaccuracies, Proposes Lawmaker
Former Merrill Lynch Employee, Guilty of $1.4 Million Texas Securities Fraud Scheme, Receives Prison Term
Colorado Sues Stifel, Nicolaus for Misrepresenting Auction-Rate Securities to Investors
Indiana Accuses Stifel Nicolaus & Co. of Auction Rate Securities Fraud
Texas Securities Fraud: Investment Firm Employee Accused of Making $8.6 Million from Dell Insider Trading
UBS Securities, Citigroup Global Markets, and Deutsche Bank Securities Agree to FINRA Sanction Over Vonage IPO
Securitization of Life Insurance Settlements Might Lead to Next Financial Crisis, Say Lawmakers
Regions Bank Settles SEC Charges Over Latin American Investment Fraud Scam
Bank of America’s Merrill Lynch unit agrees to $26.5 million national settlement stemming from Texas securities fraud claim
Former Stifel Nicolaus and AG Edwards Stockbroker Sentenced to 21-Months in Prison for Investment Fraud Scam
Securities Fraud Lawsuit Against UBS AG Gets Added Steam with Employee Email Calling Collateralized Debt Obligations “Vomit”
Morgan Keegan Hit with Large Penalty for Fouling Ex-NBA Star
Texas Securities Commissioner, Appointed New President of Nationwide Association of Regulators, Seeks Additional Investigations into Wall Street Fraud
SEC Warns Broker-Dealers to be Mindful of Their Recruiting Bonuses
$150 Million Settlement in Merrill Lynch Securities Class Action Lawsuit is Granted Preliminary Approval by District Court Judge
Citigroup Global Markets Sales Assistant Accused of Stealing from Clients is Banned by FINRA from the Securities Industry
SEC, NASD, FINRA & SIPC: New SEC Report Card on Madoff Catastrophy Further Reveals How Investor Protection Is Severely Flawed!
Disgruntled Investors Continue to File Securities Fraud Litigation Against Merrill Lynch Even Eight Months After Its Acquisition by Bank of America Corp.
In Investment fraud Lawsuit Against Lehman Brothers, Goldman Sachs and Morgan Stanley, Court Grants Class Certification
Monex Deposit Company Cannot Compel Investors to Resolve Consumer Investment Dispute in Arbitration, Says Appeals Court
Brokerage Firm Amerivet Securities Inc. Sues FINRA for Alleged Misconduct
Will Two Former Credit Suisse Group AG Brokers Convicted of Securities Fraud Get More Lenient Sentences Because of Industry’s “Culture of Corruption?”
Wachovia Securities Ordered by Pennsylvania Securities Commission to Repurchase $325 Million in Auction-Rate Securities
FINRA Bars Ohio Broker Accused of Stealing $90,000 Inheritance from Two Sisters from the Securities Industry
After District Court Dismisses Texas Securities Fraud Against Billionaire Mark Cuban, SEC Appeal Can Now Move Forward
SEC Seeks Legislation Allowing It to Pursue Securities Regulators After Their Resignation
UBS AG and Merrill Lynch Collectively Fined $250,000 by FINRA for Closed-End Fund Actions
SEC Says Prime Capital Services, Inc. Defrauded Elderly Investors in Florida with “Free” Lunch Seminars and Unsuitable Variable Annuity Sales
Merrill Lynch & Co. Sued Over Auction-Rate Securities by Teva Pharmaceutical Industries Ltd. and Seneca Gaming Corp.
Bank of America Agrees to settle SEC Charges of Merrill Lynch Bonuses for $33 Million But Judge Blocks Settlement
Next Financial Ordered to Pay One Million Dollars for Supervisory Deficiencies that Led to Texas Securities Fraud
FINRA Permanently Bars Former Broker for Stifel, Nicolaus & Co. Inc and AXA Advisors For Ponzi Scheme
Ex-Credit Suisse Broker Who Pleaded Guilty to Securities Fraud for Role in Auction-Rate Securities Scam Knew in Late 2007 that Clients’ Funds Were in Trouble
Morgan Stanley to Pay $500,000 to Resolve SEC Charges that it Recommended Unapproved Money Managers to Clients
Provident Royalties Faces $485 Million Texas Securities Fraud, Says SEC
SSEK Looks Into Securities Fraud Claims for Richard Buswell and Brookstone Securities Clients Over Private Placement Units Sales in Advanced Blast Protection
Texas Securities Fraud Lawsuit Against Former EnergyTec CEO Can Move Forward, Says District Court
Carlyle Group Sued by Former Congressman Michael Huffington For Investment Loss of More than $20 Million
Stockbroker Fraud Law Firm Shepherd Smith Edwards and Kantas, LLP Files Claims Against Morgan Keegan Following SEC Wells Notice
FINRA Says Number of Stockbroker Fraud Arbitration Claims by Plaintiffs is Rising
Ameriprise Must Pay $17 Million for REIT Fraud
Morgan Stanley Plan to Repackage Low-Grade Debt Obligations Then Sell These as Low-risk AAA Bonds is "Preposturous," Says Stockbroker Fraud Lawyer Bill Shepherd
SEC Wants to Know Why Target-Date Mutual Funds are Growing Riskier
Stifel Financial Corp. Says 95% of Clients Agree to Auction-Rate Securities Buyback Plan
Wachovia Securities Agrees to $1.4 Million FINRA Fine for Failure to Deliver Prospectuses to Customers
SEC May Sue State Street Corp Over Investor Losses Related to Mortgage-Backed Securities
Evergreen to Pay Over $40 Million to Settle SEC and Massachusetts Securities Division Charges that Funds were Overvalued
Former Stifel Nicolaus and A.G. Edwards Stockbroker Pleads Guilty to Mail Fraud
SEC Securities Fraud Lawsuit Accuses Beverly Hills Money Manager Stanley Chais of Leading Investors Into Madoff Ponzi Scam
Raymond James and RBC Capital Markets Fined $1.4 Million in Total Over Improper Stock Lending Activities
JP Turner & Co., Legent Clearing, LLC, Park Financial Group Inc. & Four Individuals to Pay More than $1.25 Million in FINRA Fines for Alleged Penny Stock Violations
Ex-Morgan Keegan Adviser Pleads Guilty to Stealing from Senior Investor
Texas Securities Fraud: A Houston Attorney and a Texas A & M Professor Charged with Investment Fraud
Brokers Renew Push for Investors to Buy Structured Products
To The SEC: Why It Is Necessary to Change Public Reporting Requirements on Stockbrokers
Morgan Keegan, Charles Schwab and Others Fight as Wells Fargo Unit Settles Claims of Misrepresented Securities in Short Term Bond Funds
UBS Financial Services Misled Investors about Lehman Brothers Securities, Says New Hampshire Regulators
FINRA Orders RD Capital Group and Its President to Pay $1 Million for Fraudulent STRIPS Markups
Auction-Rate Securities Probes Lead to More Enforcement Actions and Final Settlements with Investment Firms
Texas Securities Fraud: Court Grants SEC's Request to Freeze Defendants’ Assets Following $40 Million Investment Scam
Lawsuit against Fisher Investments a possible indicator that more investment lawsuits and arbitration claims against financial advisers may be in the works
Merrill Lynch Life Agency to Pay Illinois Division Of Insurance $18 Million Over Funeral Trust Scam Allegations
VSR Financial Services Settles FINRA Claim Over Improper Securities Sales Made to Senior Investors
Texas Securities Fraud: Ex-Dallas Football Player Charged with Alleged Involvement in $24 Million Investment Scheme
Wells Fargo Sued Over ARS Sales by California Attorney General for $1.5 Billion
More Problems at the SEC: Who Regulates the Regulator?
Goldman Sachs Reaches $60 Million Settlement with Massachusetts Over Subprime-Mortgage Loans
Fisher Investments Hit with $1.2 Million Arbitration Claim by Senior Investors Alleging Breach of Fiduciary Duty
Morgan Keegan & Co’s Regions Financial May Face SEC Charges Over Improper Auction-Rate Securities Sales
Centaurus Financial Slapped with $175,000 FINRA Fine for Failing to Protect Confidential Client Info
Ex-Citigroup Banker Among Six Defendants the SEC is Charging with $6 Million Insider Trading Scam
Customer Who Filed Motion to Vacate Arbitration Award is Ordered to Pay Sanctions for Frivolous Arguments
Former Stockbrokers From Citigroup, Lehman Brothers Holding, and Citigroup Among Defendants Convicted for Conspiracy Related to “Squawk Box” Securities Fraud Scam
SEC Enforcement Action Holding Southwest Securities Broker Accountable for Market Timing is Affirmed by 5th Circuit
SEC Sues Broker-Dealer Morgan Peabody Inc Owner For Investment Fraud
“Churning” Accounts by Brokers is Back in Vogue – Ask the Expert!
Hennessee Group Settles with SEC over Bayou Group Fraud
Wachovia and Citigroup Settle Michigan ARS Case for $880 Million
Another Securities Fraud Lawsuit Filed Against UBS International
Oregon’s Attorney General Files $36 Million Lawsuit Against OppenheimerFunds
Merrill Lynch Cannot Prevent Former Brokers From Using Customer Information and Soliciting Clients, Says District Court
Magistrate Judge Tells Texas Court that Citigroup Global Markets Holding Inc. Should Not Be Denied Arbitration Award for Unpaid Promissory Note
US Lawmakers Want SEC and Treasury Department to Answer Questions About Merrill Lynch Executive Bonuses and TARP Funds
Texas Court Freezes Assets of Weizhen Tang After SEC Accuses Him of Operating Multi-Million Dollar Ponzi Scam Targeting Chinese-American Investors
Did Morgan Keegan Tutor Towns to Invest into Their Own Risky Deals?
Former Fidelity Brokerage Reps Says They Were Pressured to Make Sales That Conflicted With CFP Ethic Codes
Morgan Keegan Ordered by FINRA to Pay Investors $267,711 Plus Interest for Losses in RMK Bond Funds
Merrill Lynch & Co Ordered to Pay FINRA Arbitration Panel $39.8 Million
“Reversible Convertible” Risks are Now a Reality for Investors Dealing with Substantial Losses
GM, Ford, Chrysler Retirees: Beware of Financial Advisors After Your Severance!
US Supreme Court Won’t Hear InfoSpace Founder's Appeal Requesting to Sue Attorneys and Stock Management Company for Allegedly Botching Insider Stock Trading Case
GM, Ford, Chrysler Retirees: Beware of Financial Advisors Seeking to Invest Your Severance!
First New York Securities LLC and Four Ex-Traders to Pay $435,000 in FINRA Sanctions Over Short Selling
Associated Securities Ordered by Arbitrators to Pay $8.8 Million to Investors for Losses in APEX Equity Options Fund
Houston Broker at Deutsche Bank Alex Brown Leaves Suicide Note Suggesting Clients Sue over Aravali Fund
Merrill Settles SEC Charges Over ‘Squawk Box’ Misuse for $7 Million
Wachovia Securities Must Pay Texas $4 Million for Auction-Rate Securities
Stifel Nicolaus Will Repurchase Auction-Rate Securities from Costumers Within Three Years
Madoff and Stanford Victims Can Claim Theft Losses as Tax Deductions, Says Internal Revenue Service
Despite Financial Market Volatility, Most Investment Advisors Are Telling Clients To Stick With Their Investment Plans
Morgan Keegan Settlement with Children’s Wish Fund Shows the Impact Recouping Investment Losses Can Have On The Little People
Moody’s Investors Can Pursue Securities Fraud Class Action Lawsuit Accusing the Credit Rating Agency of Falsely Claiming Independence
UBS Sanctioned For Madoff-Related Losses by Luxembourg Financial Services Regulator
Outcome of SEC Actions Appear to Favor Larger Broker-Dealers than Smaller Ones, Says Harvard Law School Study
Wells Fargo, Goldman Sachs, JP Morgan Chase, Citigroup, UBS Securities, Bank of America, Moody’s Investment Services, and Fitch Ratings are Among Defendants Sued On Behalf of Wells Fargo Certificate Investors for Alleged Securities Fraud Violations
SEC Freezes Assets of Westridge Capital Management, WG Investors, LP, WG Trading Company, LP, and Money Managers Stephen Walsh and Paul Greenwood Over Alleged Misappropriation of Up to $554 Million in Investor Funds
Morgan Stanley Court Case Demonstrates Why Securities Arbitration is Often a Better Forum
Bank of America, Citigroup, Goldman Sachs, and Wells Fargo Chief Executives Among Those Defending Bailout Fund Use
Credit Suisse Securities Ordered by FINRA Panel to Pay $406 Million for Improper ARS Sale to Semiconductor Manufacturer STMicroelectronics NV
Houston Stockbroker Fraud Law Firm to Represent Stanford Bank Investors Living in Latin America
Wachovia Fined More than $4.5 Million by FINRA for Sales Violations Involving Mutual Funds and Trusts
Multibillion-Dollar Stanford Securities Fraud Scam Has Investors Contacting Houston Stockbroker Fraud Lawyers for Help
Merrill Lynch, Pierce, Fenner & Smith Inc To Settle SEC Charges of Pension Consulting Business-Related Violations for $1 Million
Wachovia and SEC’s Finalized Auction-Rate Securities Settlement Will Provide Over $7 Billion in Liquidity to Investors
Annuity Investors Should Not Rely on Class Actions to Recover Their Losses
UBS Sued by New Orleans Employees’ Retirement System for Alleged Tax Scam that Helped the Rich While Causing Investor Losses
Merrill Lynch Pierce Fenner & Smith Does Not Have to Halt Redemption of ARS Clients, Says Court
Merrill Lynch, J.P. Morgan and Others fail to Obtain Dismissal of IPO Case by Houston Judge
Securities and Exchange Commission Now Calling for Comments on FINRA Proposal Regarding New Financial Responsibility Rules
Agape Founder Nicholas Cosmo Arrested for Allegedly Running $370 Million Ponzi Scam
Merrill Lynch Ends Investor and Employee Class Action Lawsuits with $550 Million Settlement
Texas State Securities Board Orders Golden Triangle Energy Corp. and Vision Asset Development Co. to Stop Selling Securities
Wall Street Did Not Know Mortgage Backed Securities were Junk. Baloney!
FINRA Says Securities Arbitration Claims Increased by 85% in 2008
District Court Denies Federal Government’s Request to Detain Investment Adviser Bernard Madoff After He Transferred $1 Million in Valuables
Madoff Investors May Have a Better Chance of Recovering their Investment Losses Through Tax Strategies Rather than Lawsuits
SEC Rapped for Allegedly Failing to Fully Investigate Alleged Wrongdoings in the Municipal Securities Market
Wachovia Corp Sued by Carolinas Health Care System for More than $19 Million in “Bad” Investments
$865 billion in state pension fund losses are resulting in reduced benefits for new hires
Although $200 Billion Auction Rate Securities Are Unfrozen, Many Investors Still Hoping to Recover $135 Billion in Frozen ARS
Former Regions Morgan Keegan Investment Funds Revise Their Names to Include Helios Brand
Former Broker Charged with Conspiracy to Commit Wire Fraud Following Allegations He Helped Law Firm Founder Mark Dreier Defraud Hedge Funds Through Ponzi Scam
Investor Fraud Lawsuits Stemming $50 Billion Ponzi Scheme May Name Madoff's Family Members as Additional Defendants
Number of Federal Securities Fraud Cases Prosecuted Drop Significantly
Former Stanford Group Co. Financial Advisers Must Arbitrate Constructive Discharge Claims
ARS Investors Can Seek Consequential Damages Recovery Through Special Arbitration Procedure Introduced by FINRA
UBS and Citigroup to Pay Nearly $30 Billion to Tens of Thousands of ARS Investors
Senior Investor’s Claim Against Wells Fargo is Remanded on Fraud in Execution by California Court of Appeal
Madoff Investors Who Were Victims of “Ponzi” Scam Contact Securities Fraud Law Firm Shepherd, Smith, Edwards, & Kantas LLP to Explore Recovery Options
Former NEXT Financial Group Stockbroker’s Claim that He Was Fired for Refusing to Conceal Churning is Subject to Arbitration
Do Broker-Dealers Hire Brokers Already Suspected of Securities Fraud?
US Treasury Department Extends Money Market Fund Guarantee Program Through April 2009
Stockbroker Fraud Law Firm Shepherd, Smith, Edwards, and Kantas, LLP Investigate Securities Fraud Claims Involving Former World Group Securities Representatives David Olson and Edward Allen
Merrill Lynch NY Branch Manager is No Longer with the Firm
SEC Proposes Road Map For The Mandatory Adoption Of International Financial Reporting Standards
“Living Benefits” Annuity May Be Riskiest Product Ever Sold by Insurance Industry
SEC Adopts Rules to Streamline Mutual Funds Disclosures But Delays Making Decision on Credit Ratings’ Final Rules
Securities Fraud Class Action Lawsuit Against Hartford Financial Services Group Inc. is Reinstated in Appeals Court
The Financial Regulation Reform Act of 2008 Seeks to Regulate Investment-Bank Holding Companies and Credit Default Swaps
Massachusetts Top Securities Regulator Charges Oppenheimer & Co with Unethical Conduct and Fraud
NASAA Says Investors with Frozen Auction-Rate Securities Should Ask Investment Firms About Buyback Opportunities
Citigroup Global Markets Ordered to Pay FINRA Fine for Inadequate Supervision
Former UBS Executive Director Must Forfeit $15.81 Million in Illegal Profits and Serve 6 1/2 Year Prison Term for Insider Trading
District Court Confirms Merrill Lynch Arbitration Award in Investor Dispute
Protestors in Asia Decrying Lehman Brothers “Mini-Bond” Collapse Could Be A Sign of More Lawsuits and Claims Against US Broker-Dealers
Lazard Capital Markets Pays $2.8 Million to Settle SEC Charges Over Allegedly Improper Expenditures Made to Fidelity Investment Traders
Moody’s, Standard & Poor's, and Fitch’s Assignment of High Credit Ratings to Mortgage-Backed Securities Contributed to the Financial Meltdown
J.P. Turner & Co. Will Pay $250,000 to Settle FINRA Charges Related to Inadequate Supervision of Stock Trade Commissions
SEC Failed in Its Oversight of Bear Stearns, Says Inspector General
Former UBS AG Co-General Counsel David Aufhauser Agrees to Settle Insider Trading Charges for $6.5 Million
NASAA and AARP Launch “Free Lunch Seminar Monitor Program” to Protect Seniors From Investment Fraud
SunTrust Investment Services to Pay $700,000 Fine to Settle FINRA Charges of Excessive Commission and Supervisory Violations Involving Fee-Based Brokerage Business
Banorte Securities International, Ltd. Agrees to $1.1 Million Fine Over Charges It Recommended Class B Mutual Fund Shares Instead of Class A
Securities Fraud Law Firm Shepherd Smith Edwards and Kantas LLP Investigates Ray Londo, Londo Financial Group, and Linsco Private Ledger For Improper Lending/Borrowing of Client Funds
Securities and Exchange Commission Sues Five World Group Securities Brokers For Persuading Clients to Refinance Homes With Subprime Mortgages
Goldman Sachs Applies for New York Bank Charter
FINRA Orders Charles Schwab to Pay $542,340 Over Short-Term Bond Fund Investor Claim
Wisconsin School Districts Sue Royal Bank of Canada and Stifel Nicolaus and Co. in Lawsuit Over Credit Default Swaps
2004 SEC Vote that Changed Net Capital Rule May Have Played a Role in Current FInancial Crisis
Almost 7,000 Broker-Dealers from FSC Securities, AIG Financial Advisors, and Royal Alliance Associates Will Be Part of AIG Advisor Group Sale, Says Source
Lehman Brothers’ “Structured Products” Investigated by Stockbroker Fraud Law Firm Shepherd Smith Edwards and Kantas, LLP
FBI Investigates Former HFI Securities Inc. Vice President After Gold and Silver Coins Worth Millions of Dollars Found in His Basement
Former LPL Financial and Ameriprise Representative Charged with Theft and Fraud of Persons He Met through Church and Little League
Court Upholds that New Jersey Division of Investment Cannot Hire External Pension Fund Investment Managers
Hedge Fund Manager Settles SEC Charges He Helped Defraud Investors of Nearly $20 Million
District Court Finds that Viatical Settlements are Securities In Michigan and Oklahoma
Rosenthal Collins Group LLC Settles CFTC Charges Over Failure to Enforce Compliance and Supervisory Procedures
SEC’s New IDEA Will Let Investors Easily Access Data About Public Companies and Mutual Funds
Federal Judge Vacates Guilty Pleas Against Three NYSE Traders Charged With Securities Fraud
Two Former Credit Suisse Brokers Charged With Fraud and Conspiracy Related to Auction-Rate Securities Scam
US Labor Department Wants Whistleblower To Show that Sarbanes-Oxley Act Covers UBS Financial Services
SEC Reaches Preliminary Settlement with Merrill Lynch, Pierce, Fenner & Smith to Liquidate About $8.5 Billion in Auction Rate Securities
2nd Circuit Reinstates TIAA-CREF Enterprises Inc. Faces Negligence and Breach of Fiduciary Duty Claims
Investigation Underway of Asset Management Fund's ("AMF") Ultra Short Fund (AULTX) and the Role of Shay Asset Management
Charles Schwab, Fidelity, and Other Downstream Brokerages are Subpoenaed as NY Attorney General Cuomo's Auction-Rate Securities Probe Expands
NY Attorney General Coumo Estimates that Wall Street Firms Have Only Agreed to Repurchase 18% of ARS Securities
Arbitration Claims for Consequential Damages on Auction Rate Securities (ARS)
FINRA Rolls Out New Arbitration Process for Auction-Rate Securities Claims
State Street Sued Over Allegations of Misrepresentation Related to Mortgage-Backed Securities
Bank of America Did Not Warn Small Investors About Auction-Rate Securities Crisis
SEC Charges Former AG Edwards and Bank of America Broker With Misappropriating $1.3 Million from Customers
Claims Continue over MasterShare - Prudential Securities’ Deferred Compensation Plan
Seven Mutual Fund Horror Stories for Investors!
Mutual Funds Misrepresented as Safe: SSgA Yield Plus, Fidelity Ultra-Short Bond (FUSFX) & Regions Morgan Keegan Select High Income (MKHIX)
Connecticut Attorney General Sues Moody’s, McGraw Hill, & Fitch Over Municipal Bond Issues
Securities Law Firm Shepherd Smith Edwards & Kantas LLP Investigates Investor Claims Related to Short Term Bond Funds
FINRA Pilot Program Offers Up All-Public Arbitration Panel to Hear Investor Claims
Pluris Valuation Survey Finds Auction-Rate Securities Write-Downs Totaling $2.1 Billion
Massachusetts Slaps Merrill Lynch with Auction-Rate Securities Fraud-Related Charges
SEC Issues “ComplianceAlert Letter” Citing Common Weaknesses and Deficiencies of Registered Firms
Auction-Rate Securities Crisis Impacts Hospital Industry
Judge Approves Citigroup Falcon Fund Investors’ Decision to Withdraw Lawsuit
New York Attorney General Files Securities Fraud Lawsuit Against UBS
SEC Subpoenas Over 50 Hedge Fund Advisors in Probe of Whether Stock Price Manipulation Affected Bear Stearns and Lehman Brothers Shares
Securities Regulators Arrive At Wachovia Securities Headquarters to Conduct Auction-Rate Securities Investigation
Scottrade Agrees to $950,000 Civil Penalty To Resolve SEC Charges of Fraudulent Misrepresentation Regarding Nasdaq Pre-Open Order Executions
Senators’ Bill Calls for Added $50,000 Fine For Defrauding Elderly Investors
Deutsche Bank Securities Unit Must Defend Itself Against Xethanol Corp. Lawsuit Related to Auction-Rate Securities Losses
Ex-Broker Files Whistle-Blower Complaint Against UBS Financial Services
Citigroup’s Smith Barney Draws Ire of Investors and Its Own Brokers Over ASTA/MAT and Falcon Funds
Investors Seek Arbitration Resolutions Against Charles Schwab for Alleged Securities Violations
Massachusetts Commonwealth Secretary William Galvin Sues UBS for Fraud
Connecticut Brokerage Aide Must Pay $58,825 To Settle Charges He Made Unauthorized Securities Trades
Citigroup Settles Securities and Exchange Commission Charges Over Accounting Issues Related to Argentine Bonds
Another Lawsuit Against Former Merrill Lynch Research Analyst Henry Blodget is Dismissed Due to Loss Causation
Lincoln Funds International Inc. and Its Principals Issued Restraining Order Following Alleged $21 Million Biotech Scam
SEC Judge Slaps Next Financial Group With $125,000 Fine Over Recruiting Practices
SEC and State Regulators Probe Whether UBS Played a Role in Auction-Rate Securities Collapse
Former JP Morgan Chase and Credit Suisse Banker is Sentenced to 10 Years in Prison for Insider Trading Tip Scam
State Regulators Investigate World Financial for Deceptive Sales Practices
Former SEC Commissioner Nazareth Says The US Not Keeping Up with Evolving Investment Markets
Student Lender Brazos Group Inc. Wants Citigroup, Bank of America, and Other Banks to Solve Problems Caused By Auction-Rate Securities Market Crisis
SEC Charges North American Clearing, Inc. With Misusing Customer Funds
First Southwest Co. Settles SEC Charges That It Improperly Intervened In Auction-Rate Securities Market
SEC Director Says Deploying Enforcement Resources Continues to Be A Challenge
Piper Jaffray Accused of Giving Faulty Advice in Two Bond Offerings
E*Trade Securities LLC, TradeStation Securities Inc. and CIBC World Markets Corp. Face FINRA Fines For Failing to Accurately Report Equity Securities Order Information
Securities Fraud Lawsuit Against Ex-Merrill Lynch Analyst Accused of Issuing False Reports About CMGI Inc. is Dismissed
SEC Director Erik Sirri Says Direct Market Access Systems Guidance For Broker-Dealers Is In The Works
Former Broker-Dealer Chanin Capital Settles SEC Charges That It Failed to Set Up Proper Insider Policies and Processes
GunnAllen Financial Settles FINRA Charges Over the Firm's Alleged Involvement in Trade Allocations
UBS To Pay Massachusetts Municipalities Over $35 Million for Auction-Rate Securities Losses
Wachovia Securities LLC Sued For Alleged Fraud Involving the Sale of Le Nature's Senior Subordinated Notes
Are Investment Banks Taking the Necessary Steps to End the Auction-Rate Securities Crisis?
Ex-WFG Investment Stockbroker Accused of Allegedly Defrauding Over 500 Senior Investors Agrees To Disgorge Ill-Gotten Earnings
Ex-Southwest Brokers Found Liable for Concealing Market Timing Trades
AARP Financial Inc. Survey Says Investors Find Financial Lingo “Technical and Confusing”
NASAA Says State Regulators Continue To Investigating Auction-Rate Securities Problems Affecting Investors
U.S. Representative Barney Frank Calls on SEC to Widen Investigation of Improper Trading Rumors Surrounding Bear Stearns’s Stock
Ex-Assent LLC Broker Pleads Guilty to Concealing Insider Trading Activities
Schwab YieldPlus Fund Investors File Securities Class Action Lawsuit Alleging Marketing Misrepresentation in Funds’ Offering Documents
Ameriprise Settles Lawsuit Alleging That Six of Its Financial Advisers Forged Customer Signatures
16 State Farm Entity Representatives Settle FINRA Test-Taking Sanctions
Rogue Fidelity Investment Adviser’s Prison Sentence is Vacated Due to Improper Application of “Identity Theft Enhancement”
The Association For Financial Professionals Wants SEC Chairman Cox To Push Harder For Reform Of Credit Rating Agencies
Two Brazilian Nationals Indicted For Alleged Involvement In $50 Million Telemarketing Scheme
ARS Failures at Brokerage Firms So Bad Even Their Own Association is Critical!
Merrill Lynch Sues Insurer for Failing to Honor Claims Opening Door to Mysterious "Swaps" Market
UBS Securities, Bank of America, and Merrill Lynch Among Firms Subpoenaed In Massachusetts Auction-Rate Market Sales Probe
Auction-Rate Securities to be Priced this Weekend by UBS – Others to Follow?
Court Says Investor Must Arbitrate Claims Against Broad Street Securities, Pershing LLC, and Bank of New York Mellon Over Contract Alterations
W.P. Carey & Co Settles SEC Charges Over Payments of Undisclosed REIT Compensation
JP Morgan Chase’s Bear Stearns Acquisition Could Make The Firm Vulnerable to Lawsuits
Too Little Too Late: Fund Compies' Attempts to Refinance Auction Rate Preferred Securities Using Leverate or Varible Rate Securities Unlikely
Wachovia Securities Analyst Comments on Bear Stearns’ Sale and Calls Merrill Lynch the “Riskiest” Investment Bank
Wells Fargo Brokerage Services. FTN Financial, and Stone Youngberg Among Founders of Regional Bond Dealers Association
Bear Stearns Sold to JP Morgan – One Firm’s Trash Is Another Firm’s Treasure!
A.G. Edwards & Sons Stockbrokers Ordered to Pay $750,000 Fine for Market-Timing Scam
Ex-UBS Executive Pleads Guilty to Insider Trading And Could Spent 90 Years in Prison
Countrywide Financial, Merrill Lynch, and Citigroup Executives Defend Their Hefty Compensations Following Subprime Mortgage Crisis
Holston, Young, Parker & Associates Operator Pleads Guilty to $6.5 Million Forex Investor Scam
Fidelity To Pay $8 Million Fine To Settle SEC Charges Regarding Traders’ Improper Gift Taking
Oppenheimer & Co. Agrees to Settle FINRA Market Timing Charges for $4.5 Million
Former Refco Senior Executives Plead Guilty to $2.4 Billion Fraud-Related Criminal Charges
Merrill Lynch, Prudential Securities, Pruco and UBS Must pay $2.4 Million in Fines for Mutual Fund Abuses
FINRA Says Ex-Morgan Stanley Stockbroker Misappropriated Nearly $400,000 From 97-Year-Old Widow
Questar Executive Fired For Failure to Disclose Private Securities Transactions
How Wall Street Firms Convinced Investors to Put Billions into ARS and ARP Securities Just Before the Auctions “Failed”
Ex-Credit Suisse Investment Banker Appeals Insider Trading Charges Conviction
SEC Involved in 36 Subprime Mortgage Industry Probes
FINRA, SEC, and NASAA Announce New Initiative for Protecting Senior Investors
Detroit Accounting Firm Named in Lawsuit Involving Alleged Ponzi Scheme
U.S. Supreme Court Decides That 401(k) Retirement Participants Can Sue for Losses Under ERISA
Allianz Life Insurance Settles Inappropriate Fixed Annuity Sales Allegations for $10 Million
Goldman Sachs, Merrill Lynch, Lehman Brothers, and Other Investment Firms Deal with Frozen Auction-Rate Securities
Goldman Sachs Settles Enron Fraud Lawsuit with University of California for $11.5 Million
Pondering the SEC’s Role in the Subprime Mortgage Crisis
Banc One Securities Will Settle FINRA “Unsuitable" Deferred Variable Annuities Charges for $225,000
Heartland Advisors Inc. Settles SEC Charges for $3.9 Million
SEC-Commissioned Report Finds that Investors Have A Hard Time Telling the Difference Between the Roles of Broker-Dealers and Investment Advisers
Former LFTC and LRAIC Broker Settles CFTC Charges that He Defrauded Investors
Commodity Futures Trading Commission Charges Argentine Investment Adviser With Defrauding Investors in $43.8 Million International Scam
Deutsche Bank Trust Company, Goldman Sachs Group, and Bank of America Corporation are Among the 21 Lenders Named in Cleveland, Ohio Lawsuit
SEC & FINRA Examine CMO Sales and Marketing Practices
K.W. Brown & Company, K.W. Brown Investments, & 21st Century Advisors Are Held Liable in $4.5 Million Cherry-Picking Scam
Investors into Bear Stearns' "Mult-Strategy Fund Warrants" Lose over 99% on Their Investment
Class Action filed against Morgan Stanley on Behalf of Former Eastman Kodak Employees
SMH Capital and Two of Its Brokers to Settle FINRA Charges Over Oversight Failures
TV Judge’s Case Goes to U.S. Supreme Court
Bear, Stearns, Merrill Lynch, Deutsche Bank Securities and UBS Securities Among the 19 Broker-Dealers to Settle SRO Charges Of Overstated Ad Volumes
Investors Complain about Mutual Funds Sold by Morgan Keegan
vFinance Investment Inc. is Slapped with SEC Charges for Failing to Retain E-Records
Ex-Goldman Sachs Associate Will Serve Nearly Five Years in Prison for Insider Trading
$600 Million Set Aside by State Street May Be Tip of Mortgage Litigation Iceburg
Morgan Keegan Settles Arbitration Claim Made By Indiana Children’s Wish Fund
Senior Vice President of Questar Capital (now Allianz Insurance) Claims He's a Victim of Ponzi Scheme
Two Former Morgan Stanley Advisers are named in SEC Market Timing Lawsuit
SEC Investment Management Division Director Wants Mutual Funds to Call Their “Distribution Fee” a “Sales Charge”
Goldman Sachs Class Securities Fraud Lawsuit is Dismissed
Citibank and Columbia University Sued for Charging College Students Extremely High Interest Rates on School Loans
NASAA Calls for Voluntary Securities Arbitration System
Ronin Capital, Goldman Sachs Execution & Clearing, Penn Mott Securities, and Pearson Capital Management Receive Censures and Fines from NYSE Regulation
JP Morgan Will Pay $500,000 to Settle Municipal Securities SRO Claim
FINRA Says Democrats Nominate Picks For SEC Commission
Bear Stearns, Deutsche Bank, and Merrill Lynch Among the Wall Street Firms Subpoenaed by New York Prosecutors
FINRA Consolidation Results in Fewer Exams for Securities Firms
Rafferty Capital Markets to Pay Over $400,000 in Sanctions Over Alleged Market Timing Trading Practices
Morgan Stanley and WestLB Lose Cases Because of E-Mail Evidence—or Lack Thereof
Citadel’s $2.5 Million Investment into E-Trade Raises New Questions About Mortgage-Backed Securities
Supreme Court to Rule on Whether Employee Can Sue for 401K Losses
Prosecutors Say Smart Online Inc. CEO Scammed Investors to Drive Up Shares
Bear Stearns is Charged with Violating Securities Laws in Hedge Fund Case
SEC Enforcement Director Highlights Agency's Efforts To Eliminate Fraud Targeting Senior Investors
Cromwell Financial Services and Several Employees Will Pay Over $20 Million to Settle Fraudulent Solicitations Allegations
Ex-Freddie Mac CEO Leland Brendsel Will Pay $16.4 Million Fine to Settle OFHEO Action
Oppenheimer to Pay $1 Million to Settle FINRA Bogus Data Charges
Corporation Owner and His Two Companies Can Sue Accountants For Fraud Involving Third Entity
Mortgage-Backed Securities, Collateralized Debt Obligations, Subprime Loans: Officials Scramble to Rescue Banks, Borrowers and Stock Market, but Forget Defrauded Investors
Broker-Dealers Get New Rule Governing Deferred Variable Annuities Sales
SEC and FINRA Announce Plan to Help Broker-Dealer CCO’s with Compliance Controls
FINRA Says New Rule Book Consolidating NYSE and NASD Rules Might Not Be Completed Until 2009
Bill Allowing American Stock Exchange to Increase Competitiveness With Second Tier Markets Passes House of Representatives
FINRA Cautions Investors to Watch Out For “Pump-and-Dump Scams” Using Energy Stocks
North American Securities Administrators Association Announces Investment Adviser Best Practices
Ameriprise Financial Again Charged With Fraud
Fired UBS Broker’s $2.4 Million NASD Arbitration Award is Upheld
Guardian Wealth Management - Where Stockbrokers Go to Stop Working but Keep Earning
Mortgage Backed Securities and Collateralized Debt Obligation Losses Mount as Lawyers Weigh Investors' Options
Ex-Wood Rivers Partners Hedge Fund Manager to Serve 3 Years in Prison for Defrauding Investors of $88 Million
Merrill Liable for $6 Million to Estate of Elderly Couple
HSBC Securities, Citigroup Global Markets Inc., UBS Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Inc., and Interactive Brokers LLC Among Firms Disciplined by NYSER
Fidelity Investments and The Vanguard Group Offer Retirees Managed-Payout Funds
Morgan Stanley Former Associate and Husband Sentenced in Insider Trading Scheme
Interactive Brokers LLC Sanctioned for Failing to Supervise Its Compliance Staff
MetLife Securities Broker Charged with Stealing from 9/11 Victim’s Widow
SEC Commissioner Annette Nazareth’s Departure Leaves Agency With No Democrats On Panel
Oppenheimer, Morgan Stanley, Nomura Securities, and A.G. Edwards Traders Face SEC Charges of Stealing Stock Loan Kickbacks Worth $12 Million Plus
Merrill Lynch, Morgan Stanley and Bear Stearns Suffer Losses as Ratings Agencies Are Grilled over Sub-prime's
Morgan Stanley Fined $7.5 Million by SEC for Trade Confirmation Violations
Citigroup, Lehman Brothers, DeutscheBank and other Firms Fined for Failing to Deliver Trade Confirmations.
EKN Financial Services Fined and Sanctioned for Transactions in Unregistered Securities
Study Says Securities Arbitrators Often Expunge Investor Settlements from Brokers’ Records
New Primary Regulator of Securities Brokerage Firms Is Run Only By Brokerage Firms
Former GunnAllen Financial Branch Manager Allegedly Involved in Partnership Ponzi Scheme
Enforcement Actions Against Brokerage Firms And Individuals Went Down in 2006, Says Study
Former InterSecurities Brokers Investigated for Fraud
Stock-Loan Traders from Morgan Stanley, Janney Montgomery Scott, and Other Brokerage Firms Charged In $12 Million Stock-Loan Scam by SEC and DOJ
Callan Associates Resolves SEC’s Incomplete Disclosure of Conflict Charges
Morgan Stanley to Pay $12.5 Million in Compensation and Fines
Ex-Goldman Sachs & Co. Employee Pleads Guilty To Operating Multi-Million Dollar Insider Trading Scheme
Department of Defense Continues Crack Down on Crooked Financial Advisers Targeting Military Personnel
SEC Investigates Credit Rating Agencies’ Policies Regarding Debt-Related Securities
Shame on you Moodys! Shame on you S&P! A pox on both your houses!
SEC Provides Brokerage Firms with New Loophole to Avoid Breach of Duty to Investors
Morgan Stanley Allegedly Made Illegal Financial Sales Calls to Individuals from CareerBuilder.com
Broker-Dealer Legacy Financial Shuts Down Operations
SEC and FINRA Say “Free Lunch” Seminars are Investment Scams Targeting Seniors
Highly Touted Whistleblower Protection Law Is Lost in the Wind
Fraud is Cause of Financial Loss! Say One in Five Older Americans
Money Manager Sentinel Management Group is Missing $505 Million from Accounts
FINRA Is Pressured to Cut Ties Between Public Arbitrators and the Industry
SEC Files Charges in $428 Million Securities Fraud Case Over Exploitation of Senior Investors
NASD Successor “FINRA” Hypes Retail Investor Online Info Section
State Regulators’ Association Seeks to Abolish Bogus Finanical Advisory Designations
Pump and Dump Scheme Involving Prime Time Stores Inc. Sends Global Spam Levels Up 30%
American Funds’ Europacific Growth Fund, Allegiant Advantage Fund, and Vanguard 500 Index Fund Are Among Mutual Funds Offering Data to Investors Via SEC's EDGAR
Wealth Advisor Institute Calls for Reforms of the U-5 Termination Process For Brokers
Business Optimism over SEC 'Reforms' - That is, to Dismantle Securities Regulations!
New York Court Sides with Ameritrade - Redefines "Best Execution"
Hedge Funds Plead Guilty in Scam Costing Victims $194 Million
SEC Bows to Pressure - Pulls List of Those Linked to Terrorists
Hartford to Pay $115 Million for Late Trading - and More!
Morgan Stanley Fined Again - This Time for Overcharges
Weekly Update Aug. 1, 2007 Wall Street Notes
What Worries Your Broker? This Should Scare You!
Merrill Manager at Center of Harassment Claim Now at Southwest Securities - But Claims and Counterclaims Continue
Loss on Enron, Worldcom, etc.? It May Not Be Too Late!
Three Letter Symbols for NASDAQ Stocks? Is Nothing Sacred on Wall Street?
Viaticals: Ghoulish Wall Street Even Seeks to Profit on the Dying
FSC Securities Unit of AIG – A ‘Cozy’ Place for Fraud?
Industry Group Wants to “Reform” - Not End - Abuse Prone B-Shares
Merrill Lynch Ordered to Pay $1.6M to Former Broker for Ethnic Bias - But Will This Survive Appeal?
Wall Street Wars VII: SEC Chairman to RIAs - "Greetings" - A Regulator on Steriods?
Citigroup's Smith Barney Unit Ordered to Pay $50 Million over Widespread Fraud Charges
Morgan Stanley Last Again in Customer Satisfaction
As Wall Street Seeks to Lower the Bar, Investors Continue to Say They Value Ethics
What’s in a Title? Washington State Securities Regulators Want to Know
Securities Class Action Filings Fall Dramatically
What's in a Name? Ask the NASD
Enron Victims, Now Victims of Their Own Government, Finally Find Friends in Former Regulators
Edward Jones Must Pay $75 Million For Failing to Disclose Mutual Fund Incentives
Wedbush Hit with Nun’s Complaint over CMO’s - May Have More Than Brokers in Common with Brookstreet
UBS to Pay $23 Million over Charges by NY Attorney General of Abuse in Fee-based Accounts
SEC Fines of Invesco and AIM Advisors to Fund $375 Million in Payments to Victims of Late Trading Fraud in Mutual Funds
Securities America Fined $375,000 Over Secret Commissions Directed to Its Broker
Margin Account Debt on NYSE Stocks Over $350 Billion – Record Debt Brings New Warnings of Risks
Schwab to Distribute $3.5 Billion to Its Shareholders by Buying Back Over 100 Million Shares
SEC Announces $37Million Distribution To Investors in Columbia Funds Harmed by Timing Scheme
Latest in “Race to the Bottom” by Securities Regulators: Relaxed Accounting Procedures for Foreign Issuers
Oppenheimer Fined $1 Million for Abuse of Widow – Later Told She “Only Had Herself to Blame”
Former Trautman Wasserman Executive is Latest to be Fined in Widespread Late Trading Scandal
Ameriprise Broker Arrested for Defrauding Investors - Clients Say He Cashed Checks Made Out to Ameriprise.
Government Tightens Noose on Top Securities Class Action Attorneys
Morgan Stanley Fined By State Regulator for Failure to Supervise Mutal Fund Sales
Wall Street Wars, Part VI: After Losing "Merrill Rule" Case, SEC is Exploring Changes in Investment Advisors Act - BEWARE!
Some Brookstreet Brokers Become Wedbush Morgan Brokers
As Bear Stearns Hedge Fund Faced Liquidation its Head Manager's Golf Game Did Not Suffer
SEC's New Terrorism Search Site Is the Latest Target of Fear-Mongering Tactics by Business Community
Update: Do Insurance Companies Use Scam Artists to Sell Unsuitable Annuities to the Elderly?
Judge Tosses Suit by Elderly Who Claim They were Misled into Annuity Losses
SEC Halts Debt Offering by Amerifirst Funding, Alleging Fraud Targeting Elderly Investors
While Former Merrill Lynch & Co. Stockbroker is Found Guilty of Witness Tampering, Seven Other Defendants are Acquitted in “Squawk Box” Securities Fraud Case Involving A.B. Watley Employees
Want to Make Big Bucks Without Responsibility? Become a Corporate Director
Follow Up: North Carolina Treasurer Urges Elimination of Brokerage Firms Voting of Client Shares
SEC Declines to Exempt From Broker Dealer Registration A Consulting Firm Which Raises Capital For Small Businesses
SEC Alleges that a Hedge Fund, Its Owner and Its Chief Trader Illegally Earned $57 Million in a Late-Trading Scam.
U.S. Treasury Official Brags of Close Ties to Wall Street in Advancing Support of the “Race to the Bottom” in Compliance Laws
Wells Fargo and its Former Research Director Fined Over Undisclosed Conflict
MML Investors Services, NYLIFE Securities, Securities America and Northwestern Mutual Investment Services Fined a Total of $1.2 Million for Mutual Fund Violations
H&R Block Earnings are Sunk by Subprime Mortgage Unit.
Securities Industry Regulatory Authority (SIRA) Will Replace NASD as Name of Combined SRO (But Why?)
Wachovia Securities Settles NASD Supervision Charges and Agrees to $2 Million Fine
JB Oxford Violated Late Trading Rules but Claims Against Its Former General Counsel Are Dismissed
Son of Brookstreet Founder Joins Wedbush Morgan and Invites Brookstreet Brokers to Join Him
Brookstreet Liquidates Portfolio after Margin Calls by Fidelity Unit
Stockbrokers and Their Firms: The Story of Bad Apples from Bad Orchards
Do Wall Street Powerhouses Earn Billions Through Fraudulent Fund Sweeps?
This Time the Feds -Not the SEC- Abandoned Enron Investors
NASD and NYSE Seek Guidelines To Supervise Electronic Communications
Wrap fees? Beware of “investment professionals” who say they only charge a percent or two!
Morgan Stanley is Fined $500,000 for Faulty Oversight
News Flash: Brookstreet Securities Closes its Doors
Defendants Ordered to Pay $14 Millions Over Alleged Prime Bank Scheme
Will Brookstreet Securities Be Wiped Out by a CMO Debacle?
Wall Street Wars: When Investment Advisors Sued the SEC and Won Did They 'Tug on Superman's Cape?'
Merrill Lynch Seizes $400 Million of Assets from a Bear Stearns Managed 'Subprime' Hedge Fund for Failing to Meet Margin Calls
PBHG Investors Harmed By Fraudulent Market Timing To Receive $73 Million
NASD Says Citigroup To Pay $15.2 Million For Misleading BellSouth Retirees
Wall Street Wars: SEC Chairman's "Payback" to Investment Advisors?
Lawyers Speak Out Against Dry Cleaner "Lost Pants" Suit
Putnam and Its Former Portfolio Managers Settle SEC Charges Over Short-Term Trading of Mutual Fund Shares
HSBC Brokerage Ordered by NASD to Pay $250K to Settle Best Execution Charges
Janus Avoids Responsibility to Mutual Fund Shareholders for Alleged Role in Widespread Market Timing Scandal
Fees on 12 B-1 Mutual Funds (or "B Shares") Under Renewed SEC Scrutiny
AOL Time Warner Shareholders May be Able to File Late Fraud Claims if Class Certification is Denied.
Securities America Fined $15 Million for Luring Retirees Using Exaggerated Promises
Credit Suisse Employee Arrested in Insider Trading Scheme
Barclays Bank and its Former Trader to Pay Over $11 Million To Settle SEC Insider Trading Claims
"High Yield" Investment Scam Costing Investors Over $50 Million Results in Conviction of Four
Should Brokerage Firms Continue to Vote Their Clients Shares Without Permission, Including for Corporate Directors?
California Can Not Require Higher Standards for NASD Arbitration
SEC Says It Has No Jurisdiction To Review NASD Action Against Sky Capital
Former Wood River Partners LP Hedge Fund Manager Pleads Guilty to $88 Million Securities Fraud Scheme
Annuity Sales Fraud of Seniors is Growing, Says the NASD
North Cove Ventures LLC and Former Connecticut State Senator DiBella Found Liable For Aiding And Abetting Fraudulent Investment Scheme
Order Banning Former Head of Bancshareholders of America from the Securities Industry Affirmed by the SEC
Wachovia Brokerage Buying A.G. Edwards to Become Second Only to Merrill Lynch
SEC Favors Companies Committing Fraud Over Investors As Shown by Its Recent Actions
Survey Shows 43% of Investors Can Easily be Scammed
Former Head of Commodity Trading and Head Trader at Citibank Both Jailed for Inflating Profits
Disputes With Former Brokerage Firms and Brokers Must be Arbitrated
According to Survey by Vestment Advisors Inc., Many Financial Advisers Knowingly Work Around Their Firms’ Compliance Rules
Proposed Act Requires SEC Registration of Hedge Fund Advisers
Former Reagan Budget Head Stockman Charged With Securities Fraud
Citigroup, Merrill Lynch and Lehman Ex-Brokers Face Retrial in Eavesdropping Case
SEC says AIG and Other Insurance Companys' Products Used for Earnings Fraud
SEC Allegations Against Broker Accused of Fraudulent Trading Scheme Involving Archer Alexander Securities Corp. Will Not Be Dismissed, Says Court
SEC Says Credit Suisse First Boston Broker's Tips on TXU Used by Pakistani Banker
RBC Dain Rauscher Fined $90K for Compliance Program Flaws
SIPC Insurance of Brokerage Accounts to be Disclosed to Investors But Not Explained
“Pump and Dump”, Annuities, Real Estate, Affinity Fraud and "Free Lunch Seminars" Are Top Scams in 2007 Say State Securities Regulators
Wachovia is Among the Financial Institutions Accused of Assisting Scam Artists To Bilk Seniors
Micah S. Green, Expected New CEO of Largest Securities Industry Group, Resigns During Scandal
Penthouse International Inc., a Former Director, and a Former Shareholder Agree to Settle SEC Charges of Alleged Involvement in a Revenue Recognition Scheme
Swindlers of Seniors Targeted by Massachusetts’ Head Securities Regulator
LPL Financial Services is Playing Hardball to Prevent Competitor from Raiding Its Newest Brokers.
Citigroup Will Pay $200,000 in SEC Sanctions Connected to LMWW Auction Market Misconduct
Failed Promissary Note for NASCAR Venture Results in Securities Fraud Conviction
Claims Against Goldman Sachs for Alleged Fannie Mae Fraud Must Be Filed Individually
When Asked the Fate of $134 million of Investors' Funds Ex-professor Claims "Amnesia."
Coalition of Former Enron Shareholders Asks the SEC for Help In Holding Banks Accountable for Their Role in Enron’s Fraud Scheme
U.S. Senators Push For The End of Mandatory Arbitrations
NASD Fines Two Fidelity Brokerage Subsidaries $400,000 for Distributing Misleading Sales Literature Regarding Systematic Investment Plans Sold to Military Personnel
SEC Orders Morgan Stanley to Pay $7.9 Million for Failing to Provide "Best Execution" on Client Trades
Is the Stock Market Boom Really a Bust?
State Securities Registration Laws Will No Longer Apply to Nasdaq Capital Market Listed Securities
Former Morgan Stanley Compliance Officer And Her Husband To Plead Guilty For Involvement In Insider Trading Scheme
A Warning on Risk in Securities backed by Commercial Mortgages
Ex-Morgan Stanley Client Services Representative Stole Proprietary Information About Hedge Funds, Says U.S. Attorney Michael Garcia
Securities and Exchange Commission Charges Ex-Portfolio Manager With Failing To Disclose Personal Stock Transactions
URGENT UPDATE: Edward Jones Seeks to Settle All Claims "Known and Unknown" for $18.00 per Current and Former Client Unless They Take Action Before June 11
Securities and Exchange Commission Looks At Arbitration
Edward Jones Issues Settlement Checks To Customers as Ordered by SEC for Kickback Scheme
Examining SEC Chairman Christopher Cox’s Leadership
Study by NASD Foundation Looks At Why Elderly Are Vulnerable To Investment Fraud
All Sides Want SEC Support In Case Involving Liability Of Second Parties
The 10 Leading SEC Enforcement Developments Of 2006 (Part II)
The 10 Leading SEC Enforcement Developments Of 2006 (Part I)
Registered Limited Liability Partnerships Interests Investment Contracts Are Within Federal Securities Laws’ Meaning, Says U.S. Court of Appeals for the 11th Circuit
SEC Commissioner Says Simplified Disclosure Document Will Help Retirees Make Investment Decisions
NASD Hearing Panel Sanctions Former Knight Securities Executives for Supervisory Failures
Enron Shareholders Want The U.S. Supreme Court to Review 5th Circuit Certification Decision
NASD Warns Investors - Not Brokers - of the Risks Associated with Using Margin to Purchase Securities
JP Morgan Chase and Co. Not Liable For Securities Fraud Related To Enron Collapse, Says New York District Court
Citigroup May Reduce Compliance in Cost Cutting Move.
Commodities Regulators Accuse Firms of Misrepresenting Public
NASD Form U-5 Notice of Termination Statements Are ‘Absolutely Privileged,’ Says A Divided New York Court of Appeals
Purchasers of USA Capital First Trust Deeds May Have Been Defrauded
Is the Arbitration System Stacked In Favor Of Brokerage Firms and Against Investors?
Court Rules That SEC Exceeded Authority With Decision Regarding IAA Exemption
SEC Charges Two Former In-House Enron Attorneys With Violating Securities Laws
U.S. Senator Durbin Wonders Whether Smaller Budget Can Satisfy the Commodity Futures Trading Commission’s Urgent Needs
Enron Litigation Continues With Actions by Stockholders and Regulators of Accounts.
Goldman Sachs Affiliate Agrees To Pay $2 Million in Fines and Penalties Over Short-Sale Scheme Charges by NYSER and the SEC
New Regulations, Filed By The Massachusetts Securities Division, Define Credentials Standards For Advisors To Senior Investors
More Good News for Morgan Stanley! Record Earnings, a Jury Verdict Overturned and a Slap on the Wrist by Regulators.
Appeals Court Shoots Down Enron Stock Victims, But Leaves Door Open to Law Suits and Arbitration Claims.
Banc of America Securities LLC to Settle SEC Charges By Paying $26 Million In Penalties and Disgorgement
In Hi-Tech Market Manipulation Case By Unknown Traders, Securities and Exchange Commission Freezes $3 Million To Protect Brokerage Firms
NYSE Regulation Fines Swiss American Securities Inc. and UBS Securities, LLC For Violations
The SEC And The U.S. Attorney’s Office File Separate Criminal And Civil Actions In Major Insider Trading Schemes Involving Confidential Information From UBS Securities And Morgan Stanley
SEC Charges Against Two Former Citigroup Officials For Fraudulent Fund Dealings Are Dismissed
Former UBS Vice President Pleads Guilty To Conspiring With Hedge Fund Operator And Founder Of Capital Management Group To Bilk At Least $2.5 Million From Over 40 Investors
Putnam Retail Management, Scudder Distributors, and AllianceBernstein Investments Say They Will Pay $700,000 Settlement Over NASD Allegations That They Violated Non-Cash Compensation Rules
The NASD Charges Two Former Prudential Brokers And A Branch Manager With Helping A Hedge Fund Manager Engage In Market Timing Through Variable Annuities
U.S. Bankruptcy Court Says Bear Stearns Must Pay More Than $125 Million for Collapsed Hedge Fund Fiasco
Former Prudential and E.F. Hutton Exec. Weighing Problems at Current Firm.
Morgan Stanley and LVMH Settle Analyst Defamation Suit
Why Regulators Have A Hard Time Charging Executives At Prominent Securities Firms
Few Brokerages Disclose “Shelf Space” Agreement Details
Raymond James Financial Services Is Fined $2.75 million By NASD
Recent Actions By The SEC Brings Up The Question: Is It On The Side of Individual Shareholders Or Does It Protect Accountants And Corporate Executives?
Merrill Lynch Settles Class Action Lawsuits With Mutual Fund Investors Regarding Analyst Research And Internet Companies
NASD Warns Seniors About Selling Life Insurance Policies For Cash
According to NASD, Banc of America Investment Services Inc. Agrees To Pay $3 Million For Failing To Comply With Anti-Money Laundering Requirements
Securities Officials In Massachusetts File Charges Against Bulldog Investors And Principal, Phillip Goldstein
MBIA Inc. Will Pay $75 Million To Settle SEC Securities Fraud Charges
Arbitration Panel Concludes that Former Gemstar CEO Must Pay Company $93.6 Million
Securities and Exchange Commission Charges Clarion Management LLP and Its Hedge Fund Manager With Involvement In Alleged Market Timing Scheme
Co-Founders of Hedge Fund, HMC International, To Pay More Than $4.5 Million In SEC Fraud Charges
Securities and Exchange Commission Approves Improvements To The NASD’s Code of Arbitration Procedure
SEC Says Broker-Dealers Are Not Following Supervisory Procedures
American Association for Justice Asks SEC To Publicly Disclose Relationship To Merrill Lynch
Former Putnam CEO Agrees To Pay $75,000 In SEC Charges
JP Morgan Chase Reports Strong Profits For 4th Quarter From Investment Banking Growth And The Sale Of Their Trust Unit
In Alleged $194 Million Scam, Florida Hedge Fund Operators Of KL Financial Group Face Fraud And Other Criminal Charges
In $1 Billion Viatical Scheme Connected To Mutual Benefits Corp., A Doctor From South Florida Pleads Guilty
NASD Accuses Morgan Stanley Of Failing To Hand Over Emails And Blaming 9/11
Hampton Porter Investment Bankers's Stockbrokers, Convicted For Securities Fraud In Pump-And-Dump Scheme, To Be Sentenced This Year
N.Y. Attorney General’s Office Sues UBS Financial Services, Inc.
NASD Arbitration Panel Says Ameriprise’s Securities America Must Pay Retired American Airline Pilots Up To $9.3 Million
SEC Files Lawsuit Against Hedge Fund Manager Over Pipe Trading Scheme
Morgan Stanley Awards CEO John Mack $40 Million Bonus
SEC’s Enforcement Division To Redress Legal And Regulatory Violations
For Securities Fraud, Theft, And Racketeering, Colorado Appeals Court Affirms Financial Adviser's 100-Year Prison Term
SEC Wins Liability Ruling V. 800America.com Inc. Principal
Johnson Capital Management Inc. and Samaritan Asset Management Services Inc. Are Sued For Alleged Illegal Market Timing Scheme
NASD and NYSE Group Inc. Move Toward SRO Merger
For Investors, REIT’s Go Global
SEC Files Emergency Action Against BMG Advisory Services Inc. And Ethan Thomas Company To Stop Alleged $2 Million Senior Citizen Investor Fraud Case

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