Tr?id=566623520170033&ev=PageView&noscript=1

ÍøÆØ³Ô¹Ï

ÍøÆØ³Ô¹Ï Blog

SEC Announces Expanded Scope of Marketing Rule Compliance Exams for Investment Advisers

June 13th, 2023 at 2:08 PM
The Securities and Exchange Commission (SEC) recently released a risk alert announcing that examiners now will broaden their focus when reviewing firms' compliance with a marketing rule that took effect in November.
Read More

Morgan Stanley ÍøÆØ³Ô¹Ïalth Management Initiates Management Restructuring in Southern New Jersey and New York City

June 12th, 2023 at 1:14 PM
In an internal announcement this week, Morgan Stanley unveiled what it portrays as a strategic reorganization in Southern New Jersey and New York City, with the net result being that Christopher W. Shaw, a Morgan Stanley veteran, and manager in SouthernNew Jersey, will step down.
Read More

Retrospective Review Deadline Approaching

June 9th, 2023 at 2:11 PM
The deadline for completing the initial retrospective review required by the Department of Labor (DOL) is quickly approaching.
Read More

Former David Lerner Branch Manager Receives FINRA Sanctions for Supervisory Lapses

June 8th, 2023 at 10:54 AM
The Financial Industry Regulatory Authority (FINRA) imposed a one-month suspension and a $5,000 fine on former David Lerner Associates branch manager Rande Aaronson.
Read More

SEC Files Fraud Charges Against Financial Advisor for Exploiting Elderly Clients

June 7th, 2023 at 1:17 PM
The Securities and Exchange Commission (SEC) has charged Douglas McKelvey, a former Morgan Stanley financial advisor, with fraud for misappropriating more than $1.7 million from two elderly customers who were his close relatives.
Read More

House Approves Several Bills Expanding Investment Opportunities

June 6th, 2023 at 10:52 AM
The full House has passed the Equal Opportunity for All Investors Act of 2023, which among other things would require the Securities and Exchange Commission (SEC) to devise a test for investors to be certified as accredited investors.
Read More

Morgan Stanley Ordered to Pay Huntington Bank's Brokerage Unit

June 5th, 2023 at 9:07 AM
Morgan Stanley, along with two advisors, has been found jointly responsible for $333,000 in damages and legal fees by an arbitration panel of the Financial Industry Regulatory Authority (FINRA).
Read More

Former Morgan Stanley Advisor Sentenced To 7.25 Years For Fraud

June 2nd, 2023 at 1:26 PM
Shawn E. Good pleaded guilty in September to wire fraud and money laundering charges based on allegations that he had operated a decade-long Ponzi scheme from 2012 to 2022. 
Read More

Morgan Stanley Ordered to Pay Huntington Bank's Brokerage Unit

June 1st, 2023 at 1:15 PM
Morgan Stanley, along with two advisors, has been found jointly responsible for $333,000 in damages and legal fees by an arbitration panel of the Financial Industry Regulatory Authority (FINRA).
Read More

MLB Pitcher Turned Financial Advisor Barred By FINRA

May 31st, 2023 at 3:30 PM
Christopher J. Carpenter, a former Major League Baseball player, has been barred by the Financial Industry Regulatory Authority (FINRA) for his refusal to supply information to FINRA as part of an investigation.
Read More

TESTIMONIALS

Previous
Next
Quotes Bigger

I just received this letter from the CFP Board. Thank you, Thank you, THANK YOU!

David Y

LATEST NEWS AND ARTICLES

1783615970 Law
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.

1783525964 Law
July 8, 2026
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.

1783434190 Law
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.