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FINRA Suspends Former Stifel Broker Over Costly Account Switching Trades

March 3rd, 2026 at 2:00 PM
The Financial Industry Regulatory Authority (FINRA) suspended a former Stifel, Nicolaus & Co.
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FINRA Suspends Cetera Broker for Accepting $50,000 Client Bequest Without Firm Approval

March 2nd, 2026 at 2:01 PM
The Financial Industry Regulatory Authority (FINRA) imposed a $10,000 fine and a seven-month suspension on an independent broker for accepting a $50,000 bequest from a client without obtaining prior firm approval.
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Eighth Circuit Rejects Emergency Injunction in Advisor Departure Dispute

February 27th, 2026 at 12:21 PM
A federal appeals court ruled against an advisory firm seeking immediate, injunctive relief after a team of advisors left with hundreds of millions in client assets.
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FINRA Bars Former Cambridge Advisor After Refusal to Cooperate With Communications Probe

February 26th, 2026 at 3:35 PM
A former advisor affiliated with Cambridge Investment Research has been barred from the securities industry after declining to comply with a regulatory investigation, according to the Financial Industry Regulatory Authority (FINRA).
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Advisors Increase Crypto Allocations as Merrill Lynch Warns of Significant Risks

February 25th, 2026 at 10:57 AM
Financial advisors are placing more client assets into digital currencies, even as major firms caution investors about the asset class's volatility and speculative nature.
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Merrill Lynch Highlights AI Risks as FINRA Urges Greater Oversight of Emerging Technology

February 24th, 2026 at 1:57 PM
Merrill Lynch has warned that the expanded use of artificial intelligence and machine learning introduces material operational, compliance, and cybersecurity risks for advisory firms.
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Drive Planning Founder Pleads Guilty to $380 Million Ponzi Scheme

February 23rd, 2026 at 2:01 PM
Todd Burkhalter, founder and chief executive officer of Drive Planning LLC, has pleaded guilty to wire fraud after admitting he orchestrated a $380 million Ponzi scheme that defrauded more than 2,000 investors.
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Edward Jones Expands Equity-Style Awards to Thousands More Advisors

February 20th, 2026 at 2:19 PM
Edward D. Jones & Co. has expanded eligibility for its “profits interest” award, extending the equity-style incentive to thousands more advisors, according to a Securities and Exchange Commission filing reviewed by AdvisorHub.
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Wall Street Journal Analysis Questions Investor Gains Following DuPont's Decade-Long Breakup

February 19th, 2026 at 2:07 PM
A Wall Street Journal analysis has raised questions about investor returns following DuPont’s multi-year corporate restructuring, which divided the historic conglomerate into multiple independent companies.
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American Portfolios Ordered to Pay $4.6 Million in Restitution Over Cash Sweep Program Disclosures

February 18th, 2026 at 10:50 AM
The Financial Industry Regulatory Authority (FINRA) has ordered American Portfolios Financial Services to return $4.6 million to customers and pay monetary sanctions after determining that the firm overcharged investors and failed to properly disclose how it generated revenue through a cash sweep program.
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