An Illinois broker has been disciplined by the Certified Financial Planner Board of Standards over violations of ethical standards, the board announced in a news release. The CFP Board said it has issued an automatic interim suspension order against Shawn E. Parker,...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: May 2022
SEC extends public comment period for proposed rules on climate disclosures
The Securities and Exchange Commission said it is extending the public comment period for its proposed rules, “Enhancement and Standardization of Climate-Related Disclosures for Investors.” In a news release, the SEC said the comment period will now end on June 17,...
J.P. Morgan facing $7 million claim over client’s pandemic-related losses
A California dermatologist has filed an arbitration claim against JPMorgan Chase & Co. over the losses he sustained in his account following the start of the pandemic, reports AdvisorHub. The action was brought by Founder Holdings, Inc., the holding company for a...
House passes bill to protect older investors from financial fraud
A bill aimed at protecting senior citizens from financial fraud and exploitation has been passed by the House of Representatives, according to ThinkAdvisor. The measure, known as the Empowering States to Protect Seniors from Bad Actors Act, was approved last week by a...
Investors file brief supporting judge who overturned FINRA arbitration award for Wells Fargo
A group of investors filed a brief in appellate court in support of a judge who overturned an arbitration award that had gone in favor of Wells Fargo Advisors, Financial Advisor reports. The Jan. 25 ruling by Fulton County Superior Court Judge Belinda E. Edwards is...
