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ÍøÆØ³Ô¹Ï Blog

Goldman Sachs Profit Drops by 33%

December 13th, 2023 at 1:24 PM
Goldman Sachs Group Inc. experienced its second consecutive quarter of real estate writedowns and a continued dealmaking slump, reducing its profitability to approximately half of its targeted level.
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CFP Board Advances Measures for Heightened Accountability and Transparent Public Sanctions

December 12th, 2023 at 3:33 PM
The CFP Board has revealed that it will release the Disciplinary and Ethics Commission (DEC) orders imposing sanctions alongside the public sanction news releases that it already publicizes. 
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TD Bank Brokerage Unit Settles FINRA Case Alleging Oversight Gaps in Email Monitoring

December 11th, 2023 at 10:57 AM
TD Private Client ÍøÆØ³Ô¹Ïalth (TDPCW), a broker-dealer subsidiary of TD Bank, has agreed to pay a $600,000 fine and be censured following an investigation by the Financial Industry Regulatory Authority (FINRA).
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Former Advisor Receives Decade Long Prison Sentence for Fraudulent Activities

December 8th, 2023 at 1:23 PM
Former First American Securities Inc. president Thomas Brenner has been sentenced to over ten years in prison by a federal judge in Ohio.
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RIA's Asset Growth Still Trails Behind Wirehouse Counterparts

December 7th, 2023 at 11:29 AM
Registered Investment Advisors (RIAs) are experiencing a faster growth rate in numbers compared to national brokerage firms, as indicated by recent data from Cerulli Associates, but their asset levels still trail.
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Real Estate Firm Funded by Independent Broker-Dealers Faces Financial Collapse

December 6th, 2023 at 1:29 PM
In late September, iCap Enterprises Inc., a real estate investor and manager, filed for bankruptcy after raising $245 million from investors through independent broker-dealers.
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Attorneys Monitor Shareholder Stock Drop Lawsuits Amid IPO Setbacks

December 5th, 2023 at 2:18 PM
Lawyers anticipate a surge in shareholder lawsuits following a series of setbacks in the US IPO market.
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FINRA Suspends Former LPL Advisor for Signing on Partner's Behalf

December 4th, 2023 at 1:31 PM
In a recent message underscoring the significance of ethical conduct, the Financial Industry Regulatory Authority (FINRA) has imposed a one-month suspension on a former LPL Financial advisor.
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SEC Investigation into JPMorgan's Advisory Account Aggregation

December 1st, 2023 at 11:58 AM
The Securities and Exchange Commission (SEC) has launched two investigations that may affect the interests of advisors and clients of JPMorgan Chase & Co.
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FINRA Reveals Baird's $500K Shortfall in Mutual Fund Rebates to Clients

November 30th, 2023 at 1:36 PM
Robert W. Baird & Co. has reached a settlement with the Financial Industry Regulatory Authority (FINRA) wherein they accepted a censure and committed to reimbursing more than $500,000 to clients who were overcharged for their mutual fund investments.
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TESTIMONIALS

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Jim, Stephany and the whole team were a God send.  ÍøÆØ³Ô¹Ï felt like we were put into a situation where we had no advocate. Jim’s team came in with a strong, well laid out strategy on how to get our story heard. Where our outside compliance company had no ability to help, our Broker Dealer was impenitent, and the regulators were aggressive pursuing vague rules, Jim came like a barricade against an assault we did not understand. Though you pay member dues to be affiliated with FINRA and a B/D, you have no voice. The only thing that is truly heard in this un-level playing field is a bulldog’s bark like Jim’s. I would encourage anyone to call Jim and his team to find a real ally in the tough and complicated world of securities regulation. They are truly the best.

Greg P.

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