News & Updates

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Sharp Drop in FINRA Expungement Requests as New Rules Take Effect

The number of brokers seeking to expunge customer complaints and other disclosures from their public records through FINRA’s arbitration f...

FINRA Highlights Risks of Investing Home Equity Loan Proceeds

FINRA issued a reminder to financial advisors to carefully consider customers’ time horizons and risk tolerance, particularly when recomme...

Wells Fargo to Strengthen Financial Crimes Risk Management Amid Regulato...

Wells Fargo has agreed with U.S. banking regulators to enhance its financial crime risk management practices, including tightening controls over...

Financial Advisor Accepts Suspension and Fine for Misrepresenting Contin...

A financial advisor affiliated with Equity Services Inc. (ESI) has agreed to a one-month suspension and a $5,000 fine after the Financial Indust...

Vanguard Settles SEC Allegations Over Misleading Statements on Tax Impli...

Vanguard Group has agreed to pay over $106 million to settle allegations by the U.S. Securities and Exchange Commission (SEC) that it misled ret...

Former Rubicon Wealth Management President Pleads Guilty to Fraud Charges

Scott Mason, former president of Rubicon Wealth Management, pleaded guilty to multiple fraud charges after federal prosecutors accused him of mi...

FINRA Highlights Compliance Priorities for 2025

The Financial Industry Regulatory Authority (FINRA) has released its annual regulatory oversight report, emphasizing key compliance concerns for...

Regulatory Spotlight on AI in Financial Advising: Risks, Opportunities, ...

Artificial intelligence (AI) tools, including large language models (LLMs), present both promising opportunities and notable risks for financial...

Jefferies Financial Group Dismisses Miami Advisory Team Amid Alleged Mis...

Jefferies Financial Group recently terminated a team of Miami-based wealth advisors following allegations of improper money transfers and the us...

FINRA Panel Denies J.P. Morgan's $39.7 Million Claim Against Former Advisor

A FINRA arbitration panel recently rejected J.P. Morgan Securities’ bid to recover $39.7 million in damages from Edward Turley, a former f...

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CFP Board Releases AI Ethics Guide for Its Certificants

The CFP Board has released a "Generative AI Ethics Guide" to address the growing use of artificial intelligence in financial advising.

BrokerCheck Report: Examining Customer Disputes Against Centaurus Financ...

Troy N. Tremblay (CRD #4625407) of Centaurus Financial, Inc. (doing business as Tremblay Financial Services), ha...

A Look at Regulatory Events and Customer Allegations Against Stifel, Nic...

Chuck A. Roberts (CRD #2064602), currently registered with Stifel, Nicolaus & Company Incorporated, has or h...

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