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ÍøÆØ³Ô¹Ï Blog

FINRA Penalizes Ex-Raymond James Advisor for Document Alterations

April 12th, 2024 at 11:32 AM
A former Raymond James financial advisor faced a $5,000 fine and a four-month suspension from the Financial Industry Regulatory Authority (FINRA) for allegedly falsifying 25 documents, as per a settlement letter released recently.
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Cantor Fitzgerald LP Sues Former Bankers Over Alleged Client Poaching

April 11th, 2024 at 3:36 PM
Cantor Fitzgerald LP has initiated legal action against PEI Global Partners Holdings LLC, a firm founded by a group of its former investment bankers, alleging the illicit solicitation and theft of valuable clients, potentially worth millions of dollars in profit.
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Stifel Financial Settles with FINRA Over Advisor Supervision Failures

April 10th, 2024 at 11:22 AM
Stifel Financial has settled with FINRA, agreeing to a censure and a nearly $460,000 payment to resolve allegations of inadequate supervision of two advisors, as detailed in an Acceptance, Waiver, and Consent (“AWC”) finalized recently.
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FINRA Takes Action Against Advisor for Violating Regulation Best Interest

April 9th, 2024 at 3:46 PM
The Financial Industry Regulatory Authority (FINRA) has sanctioned a former advisor at Network 1 Financial Securities for breaching Regulation Best Interest (Reg BI) through excessive trading in a client's account.
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FINRA Fines Morgan Stanley $1.6 Million for Municipal Securities Rule Violations

April 9th, 2024 at 8:57 AM
The Financial Industry Regulatory Authority (FINRA) has imposed a $1.6 million fine on Morgan Stanley for repeated violations of rules established by the Municipal Securities Rulemaking Board (MSRB) concerning the processing and settlement of municipal securities transactions.
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Former Edward Jones Advisor opts for Industry Bar Amid FINRA Investigation

April 5th, 2024 at 1:27 PM
Reuben L. Brown, a former advisor at Edward D. Jones & Co. in Southlake, Dallas, has chosen an industry bar over cooperating with a Financial Industry Regulatory Authority (FINRA) investigation related to his termination from the firm, according to an Acceptance, Waiver and Consent (“AWC”).
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FINRA Issues ÍøÆØ³Ô¹Ïlls Notice to Advisor Austin Dutton

April 4th, 2024 at 1:14 PM
Austin Dutton, a seasoned Philadelphia-area advisor, received a ÍøÆØ³Ô¹Ïlls Notice from the Financial Industry Regulatory Authority Inc. (FINRA).
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Former Advisor Awarded $147,000 in Morgan Stanley Dispute Over Congressional Run

April 3rd, 2024 at 3:18 PM
In a recent arbitration decision, FINRA ordered Morgan Stanley to pay $147,000 in damages to Deborah Adeimy, a former advisor from Florida.
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FINRA Charges Multiple Firms for Communication Failures

April 2nd, 2024 at 10:04 AM
FINRA has penalized several broker-dealers and investment advisors for widespread and longstanding failures to maintain and preserve electronic communications, including WhatsApp messages and texts.
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FINRA Charges Advisor for Illicit Commissions Linked to Unregistered Advisor

April 1st, 2024 at 9:53 AM
The Financial Industry Regulatory Authority Inc. (FINRA) has taken action against a California broker, Daniel Beech, allegedly for funneling $900,000 in commissions to an unregistered financial advisor.
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I learned two important things working with ÍøÆØ³Ô¹Ï. First, I made a friend and ally with Jim and Steph for life. Secondly, and this is a crucial life lesson - if you need counsel, then seek out the very best. Jim was referred to me by a most trusted source. I've never had to hire an attorney for anything. Now, I know the value of hiring an important partner. Meticulous, thorough and detailed in preparation is the best way to describe Jim. Brilliant too, I might add. Bottom line, I would highly highly recommend Jim and Stephany for your legal needs. One of the best life decisions I've ever made.

Howard S.

LATEST NEWS AND ARTICLES

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July 9, 2026
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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July 7, 2026
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.