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ÍøÆØ³Ô¹Ï Blog

Former Florida-Based Morgan Stanley Advisor Accepts Industry Ban Amid Fraud Probe

October 12th, 2023 at 2:18 PM
A former Morgan Stanley advisor in Fort Lauderdale, Florida, with 23 years of experience, opted for an industry ban instead of cooperating with a Financial Industry Regulatory Authority (FINRA) investigation.
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Goldman Sachs to Pay $5.5 Million Due to Pandemic-Era Audio Recording Failures

October 11th, 2023 at 10:44 AM
The Commodity Futures Trading Commission (CFTC) has imposed a $5.5 million fine on Goldman Sachs for alleged failures in recording and retaining mobile device calls made by its traders at the beginning of the Covid-19 pandemic.
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Deutsche Asset Management Unit Pays $25 Million to Settle "Greenwashing" and AML Violations

October 10th, 2023 at 1:58 PM
Deutsche Bank AG's DWS asset management unit has agreed to a $25 million settlement with the Securities and Exchange Commission (SEC) over two separate issues.
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SEC Charges AIM for Violating Fiduciary Duties

October 6th, 2023 at 1:26 PM
The Securities and Exchange Commission (SEC) announced that American Infrastructure Funds LLC (AIM), a registered investment adviser, has agreed to a settlement exceeding $1.6 million to resolve charges.
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SEC Accuses Californian of Orchestrating $11.8 Million Ponzi Scheme

October 5th, 2023 at 10:20 AM
The Securities and Exchange Commission (SEC) has charged Tilila Walker Sumchai of Richmond, California, with defrauding more than 1,000 retail investors, raising around $11.8 million.
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Former NFL Player Turned Morgan Stanley Advisor Suspended by FINRA

October 4th, 2023 at 1:14 PM
The Financial Industry Regulatory Authority (FINRA) has imposed penalties on William D. Ard, a former professional football player turned advisor.
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FINRA's Overhaul of Arbitrator Selection System Moves Forward

October 3rd, 2023 at 1:11 PM
FINRA has received approval to revamp its procedures for removing arbitrators from the three-member panels responsible for arbitration matters involving claims between and among financial advisors, their firms, and customers.
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FINRA Arbitrators Rule Expelled Brokerage Must Pay $3.2 Million for Excessive Trading

October 2nd, 2023 at 1:09 PM
Financial Industry Regulatory Authority (FINRA) arbitrators issued an award holding Salomon Whitney Financial (SW Financial) accountable for excessive, unsuitable, and unauthorized stock trading on margin in a customer account.
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Traders Engage in Boom-or-Bust Options in Stock Market

September 29th, 2023 at 10:36 AM
The stock options market is experiencing a surge in activity, as many individual investors are eagerly engaging in trades that expire within hours or days to take advantage of the volatile market swings.
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Former LPL Affiliate Compliance Chief Suspended by FINRA for Unauthorized $1 Million Transfer

September 28th, 2023 at 2:20 PM
The Financial Industry Regulatory Authority (FINRA) fined and suspended Jeffrey K. Kirkpatrick, a former chief compliance officer at a registered investment advisor previously affiliated with LPL.
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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.

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A former registered representative with Raymond James has been barred from the securities industry after refusing to cooperate with a Financial Industry Regulatory Authority (FINRA) investigation into alleged unauthorized trading activity.

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Commonwealth Financial Network Resolves SEC Conflict of Interest Case

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