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FINRA Foundation Study Reveals Alarming Investor Susceptibility to Fraudulent Offers

October 29th, 2025 at 1:58 PM
The FINRA Investor Education Foundation (FINRA Foundation) has released preliminary findings from its upcoming report, Investors in the United States: A Report of the National Financial Capability Study.
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UBS Seeks Court Order Against $1.4 Billion Florida Advisory Team Over Client Solicitation Allegations

October 28th, 2025 at 2:29 PM
UBS ÍøÆØ³Ô¹Ïalth Management USA has filed a lawsuit and requested a temporary restraining order (TRO) against a $1.4 billion advisory team that recently departed to join Elevation Point, a ÍøÆØ³Ô¹Ïst Palm Beach-based registered investment advisor launched just 15 months ago.
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FINRA Panel Orders Charles Schwab to Pay Damages Over Structured Product Losses Sold by Vora ÍøÆØ³Ô¹Ïalth Management

October 27th, 2025 at 11:46 AM
A three-person FINRA arbitration panel ordered Charles Schwab & Co. to pay $165,440 in compensatory damages to a former client of Vora ÍøÆØ³Ô¹Ïalth Management, after losses tied to complex structured products.
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Arizona Securities Division Issues Cease-and-Desist Order Against Former LPL Broker Over Crypto Fund Sales

October 24th, 2025 at 9:39 AM
The Arizona Securities Division issued a cease-and-desist order against former LPL Financial advisor Lisa Boisselle and her firm, ÍøÆØ³Ô¹Ïalthwise, alleging violations of state securities laws connected to nearly $1.4 million in cryptocurrency fund sales.
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Retail Access to Private Markets Raises Investor Protection and Regulatory Concerns

October 23rd, 2025 at 2:11 PM
Robinhood Markets recently registered its first alternative investment vehicle, Robinhood Ventures Fund I, with the Securities and Exchange Commission (SEC).
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Judge Denies Merrill Lynch's TRO in Advisor Transition

October 21st, 2025 at 2:31 PM
A federal judge has rejected Merrill Lynch’s request for a temporary restraining order (TRO) against a group of former financial advisors who left the firm to launch their own independent practice, OpenArc Corporate Advisory, under Dynasty Financial Partners’ platform with custody at Charles Schwab.
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FINRA Accuses Former MML Broker of Cheating on SIE Exam

October 20th, 2025 at 1:32 PM
Regulators have accused a former MML Investors Services-affiliated broker of cheating on the Securities Industry Essentials (SIE) exam, according to a recent Financial Industry Regulatory Authority (FINRA) enforcement complaint.
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FINRA Fines Oak Hills Securities for Private Placement Misconduct

October 17th, 2025 at 12:19 PM
The Financial Industry Regulatory Authority (FINRA) has censured and fined Oak Hills Securities Inc., an Oklahoma City brokerage, for multiple rule violations over five years.
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FINRA Suspends Former Citigroup Advisor Over Undisclosed Business Activities

October 16th, 2025 at 12:08 PM
The Financial Industry Regulatory Authority (FINRA) has suspended former Citigroup representative Maximiliano Ramirez and fined him $5,000 for engaging in undisclosed outside business activities and investments.
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SEC Accuses Florida Insurance Agent of $52 Million Unregistered Securities Scheme

October 15th, 2025 at 11:33 AM
The U.S. Securities and Exchange Commission (SEC) has filed a complaint against Florida insurance agent Charles D. Oliver, alleging he illegally sold about $52 million in unregistered oil and gas securities to roughly 50 retail investors, including retired seniors.
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