Webull Financial settled charges with the regulator, who argued the firm didn’t adequately screen customers for approval when they applied for options trading.
Law firm Eversheds Sutherland attributed the drop in fines to a massive penalty against Robinhood in 2021 and said they expected many Reg BI–related cases in the coming years.
The commission charged Kevin Kane and Sean Michael Kane for defrauding clients after they were fired from Waddell & Reed by telling them they left voluntarily.
The regulator’s update to its targeted sweep of firms’ dealings with social media influencers offered suggestions that may be difficult for broker/dealers to fulfill, according to one securities attorney.
Financial advisor John Poulos was fired from Vanguard and stripped of his CFP designation after being arrested for a homicide near Bogota, Colombia. He was caught in Panama on his way to Turkey, according to reports.
Keith Glenfield will take over Hans’ previous position as head of the firm’s Northeast division, while Nancy Fahmy will oversee Glenfield’s Investment Solutions division while also continuing her role heading...
Plan4Life's Elder Planning Specialist Program can help reps deal with the array of issues facing elderly investors, from Medicare planning to long-term care needs.
The Financial Professional Coalition will cater to the “rank-and file” of the industry by offering specific, non-legal assistance for reps and support staff.
