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FINRA Bars Former Stifel Broker Amid $133 Million Arbitration Fallout

August 4th, 2025 at 11:15 AM
The Financial Industry Regulatory Authority (FINRA) has barred former Stifel Financial broker Chuck A. Roberts after a wave of investor complaints linked to his sale of structured products culminated in a $133 million arbitration award and tens of millions in additional settlements.
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FINRA Bars Former Jefferies Advisor After Refusal to Cooperate with Regulatory Probe

August 1st, 2025 at 11:23 AM
Nicholas Coubrough, a former wealth advisor with Jefferies Financial Group Inc. in Miami, has been permanently barred from the securities industry following his refusal to cooperate with an investigation by the Financial Industry Regulatory Authority (FINRA).
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Florida Attorney General Targets RAD Diversified REIT Over Suspected Ponzi Scheme

July 31st, 2025 at 3:38 PM
Florida Attorney General James Uthmeier has launched an aggressive investigation into RAD Diversified REIT, Inc., its subsidiaries, and its owners, Brandon “Dutch” Mendenhall and Amy Vaughn, for allegedly violating Florida’s Deceptive and Unfair Trade Practices Act and other state laws.
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Florida Woman Arrested in $2.6 Million Theft Scheme Tied to Former Merrill Lynch Advisor

July 30th, 2025 at 11:14 AM
A Florida woman faces multiple felony charges for allegedly helping a former Merrill Lynch advisor steal millions from a high-profile NFL client, as reported by AdvisorHub.
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Stifel Faces Mounting Arbitration Losses Over Chuck Roberts' Structured Note Sales

July 29th, 2025 at 12:49 PM
Stifel Financial has reached another substantial settlement connected to a controversial structured note strategy promoted by Miami-based broker Chuck A. Roberts.
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SEC Bars California Advisor for $4.6 Million Client Theft and Falsified Filings

July 28th, 2025 at 11:37 AM
The Securities and Exchange Commission (SEC) has permanently barred Andrew Nash, a Santa Barbara-based investment adviser, from the securities industry after alleging he misappropriated $4.6 million from a client and falsified regulatory filings to cover up the theft.
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Former Merrill Lynch Broker Settles SEC Case Over $3 Million Investment Fraud

July 25th, 2025 at 1:56 PM
A former Dallas-based broker has settled civil charges with the Securities and Exchange Commission (SEC) after stealing nearly $3 million from his clients over nine years.
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Beware the Hidden Risks Lurking in Option-Income ETFs

July 24th, 2025 at 11:47 AM
Lately, a wave of option-income exchange-traded funds (ETFs) has flooded the market, boasting eye-popping yields as high as 230 percent.
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SEC Bars Brite Advisors USA for Custody Rule Violations and Disclosure Failures

July 23rd, 2025 at 1:07 PM
The Securities and Exchange Commission (“SEC”) has permanently barred Brite Advisors USA, a New York-based investment adviser managing roughly $400 million in assets, from operating in the advisory business.
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Former Advisor Sentenced to Over Eight Years for $17 Million Fraud Scheme

July 22nd, 2025 at 11:42 AM
A former financial advisor from Pennsylvania has been sentenced to more than eight years in federal prison for defrauding clients out of over $17 million, including his own widowed aunt.
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LATEST NEWS AND ARTICLES

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FINRA Suspends Former Branch Manager for Supervisory Failures Linked to Excessive Trading and Churning

A former regional branch manager at a broker-dealer has agreed to Financial Industry Regulatory Authority (FINRA) sanctions after the regulator found that he failed to supervise registered representatives who engaged in excessive trading and churning of customer accounts.

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SEC Sanctions David Lerner Associates for Regulation Best Interest Violations

David Lerner Associates has agreed to settle Securities and Exchange (SEC) charges alleging violations of Regulation Best Interest (Reg BI) that resulted in unnecessary costs to retail investors, according to InvestmentNews.

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Private Credit Funds Face Mounting Redemption Pressure as Investor Sentiment Shifts

A surge in investor redemption requests has intensified pressure on private credit funds, raising concerns about liquidity and long-term stability across the asset class, as reported by The Wall Street Journal.