Mar 19, 2013 4:13pm

The Blotter Report: It’s a Greedy, Greedy Game

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Jul 18, 2013

The Blotter Report: It's Never Over

For convicted insider trader Rajat Gupta and a former Merrill Lynch advisor on the hook for check fraud, the fun continues as more regulators jump on....More
Jul 11, 2013

The Blotter Report: Party's Over

A New Jersey advisor's party ground to a halt this week, while regulators put a stop to a national radio star's allegedly misleading investment....More
Jun 20, 2013

The Blotter Report: Bad Apples Get the Boot

The CFP Board permanently barred several advisors this week from using the expert designation, while FINRA went after another on charges of theft and....More
Jun 19, 2013

Republicans Take Aim at DOL's Fiduciary Push

House Republications approved a bill Wednesday aimed at stalling the DOL's fiduciary rulemaking but don’t expect it to knock Phyllis Borzi out of the....More
Jun 18, 2013

Not So Fast: Congressional Letter Could Put a Kink in DOL’s Proposal

Thirty-two members of Congress from minority caucuses have sent a letter to the Department of Labor, arguing that the agency's fiduciary proposal....More
Jun 17, 2013

Merrill to Settle with Client Associates for $12M

To resolve allegations it failed to pay client associates overtime, Merrill Lynch agreed to fund a $12 million settlement fund....More
Jun 14, 2013

FA Gets Jail Time for Running Pot Ring

The financial brains behind an illegal marijuana operation will be spending the next year and a half behind bars. Cue the jokes about his high....More
Jun 13, 2013

The Blotter Report: Brokers Behaving Badly

Law enforcement threw the book at several brokers this week, arresting the head of a broker-dealer for running an international bribery scheme, while....More
Jun 05, 2013

DOL to Stare Down Industry on Fiduciary

Despite the delay, firms ignore the DOL's proposed rule to redefine the fiduciary definition under ERISA at their own peril, especially as it now....More
Jun 05, 2013

Orgs to SEC: Don’t Water Down the Fiduciary Standard

A coalition of nine organizations—from consumer advocates to investment advisor representatives—write a letter to SEC Chair Mary Jo White with a....More
Jun 05, 2013

The Blotter Report: Like Taking Candy From a Baby

Who pushes their 91-year-old, dementia-impaired grandmother to invest in a Cozumel condo project? Check out this wild broker and others in this week'....More
May 30, 2013

The Blotter Report: Some Strong Responses

Morgan Stanley aggressively pursues a trio of advisors who jumped to Stifel, while FINRA banned two former advisors for their thieving tendencies....More
May 23, 2013

The Blotter Report: Legal Legwork Pays Off1

Federal and state prosecutors, as well as several New York law firms, have put the screws to advisors this week. Back in the U.S., a former....More
May 21, 2013

FINRA Won't Drop BrokerCheck Link Rule

Advisors who hate the idea of linking to BrokerCheck on their websites are not out of the woods. Despite pulling its proposal last month, FINRA staff....More
May 15, 2013

The Blotter Report: Paying the Consequences

Several financial advisors found out this week that there can be a steep price to pay for their actions, including advisors from NFP, NEXT financial....More
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Compliance, regulatory and legal issues, with a fair amount of cops and robbers for fun.

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