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ÍøÆØ³Ô¹Ï Blog

J.P. Morgan Seeks TRO Over Departing Advisor

January 17th, 2022 at 1:09 PM
J.P. Morgan Chase’s brokerage business has requested that a Louisville, Kentucky, federal court issue a temporary restraining order (TRO) barring one of its former advisors from soliciting its clients.
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Ohio Advisor Pleads Guilty In $9.3 Million Ponzi Scheme

January 14th, 2022 at 12:37 PM
A former Northeast Ohio-based advisor, Tara Brunst, has pleaded guilty to her role in a $9.3 million Ponzi scheme.
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Kamila Elliot Prepared To Make History As First Black CFP Board Chair

January 13th, 2022 at 12:38 PM
The first Black woman to head the CFP Board, Kamila Elliot, officially assumed her position from former CFP Board Chair Douglas King on January 1.
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Wisconsin Advisor Barred After Allegations of Material Misrepresentations

January 12th, 2022 at 12:13 PM
The Securities and Exchange Commission (SEC) has barred an Appleton, Wisconsin-based advisor, Michael Shillin. 
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Experts Anticipate Reg BI Enforcement Actions, DOL Rollover Crackdown In 2022

January 11th, 2022 at 12:47 PM
The Securities and Exchange Commission (SEC) may actively levy enforcement actions pertaining to Regulation Best Interest (Reg BI) while the Department of Labor (DOL) will emphasize a fiduciary rule that regulates rollover and insurance product recommendations in 2022, according to industry experts.
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Number Of Nasdaq Stocks Down 50% Or More Approaches Record

January 10th, 2022 at 12:46 PM
An increasing number of Nasdaq stocks have plummeted by around 50% in an echo of the dot-com crash.
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ÍøÆØ³Ô¹Ïlls Fargo Divisional Head Vanderveen Steps Down

January 7th, 2022 at 12:23 PM
One of eight regional directors monitoring ÍøÆØ³Ô¹Ïlls Fargo Advisors’ private client group departed the firm last week after a leave of absence that lasted several weeks.
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Boston Man Agrees To SEC Settlement After Guilty Plea

January 6th, 2022 at 3:05 PM
A Boston man accused of defrauding investors has agreed to a settlement with the Securities and Exchange Commission (SEC) after pleading guilty in a parallel criminal case.
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New FINRA Rule Reining In Rogue Brokerages Becomes Effective

January 5th, 2022 at 1:47 PM
The Financial Industry Regulatory Authority (FINRA) adopted a new rule in 2020 that is designed to rein in rogue brokerage firms.
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FINRA Fines Two Firms Over Mutual Fund Sales

January 4th, 2022 at 1:16 PM
The Financial Industry Regulatory Authority (FINRA) has fined Emerson Equity $1.7 million, citing several years of faulty supervision of short-term mutual fund trades.
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