A California company and its owner have been charged with orchestrating a multimillion dollar fraud scheme that targeted retirees, the Securities and Exchange Commission said. The SEC issued a news release this week announcing the charges against Jeffrey Santulan and...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: February 2022
CFP Board announces increases in number and diversity of CFP professionals
The number of certified financial planners has reached an all-time high and the industry is more diverse than ever before, the Certified Financial Planner Board of Standards announced in a news release last week. At the end of 2021, the board said there were 92,055...
Association lobbies SEC to eliminate forced arbitration by RIAs
An organization of securities arbitration attorneys is pushing for changes in the RIA industry aimed at reducing the costs of arbitration for investors, reports Financial Advisor. The Public Investors Advocate Bar Association, whose members represent investors in...
Former UBS advisor charged with stealing $5.8 million from client
A former financial advisor for UBS Financial Services Inc. has been charged with defrauding a client out of $5.8 million in investment funds, AdvisorNews reports. German Nino of Weston, Florida was charged by the Securities and Exchange Commission in a complaint filed...