The Securities and Exchange Commission announced that it has obtained a final judgment against a New York broker charged with defrauding his customers. Ross Barish, a registered representative at a broker-dealer in Mineola, Long Island, was the subject of a complaint...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: August 2022
FINRA fines JP Morgan for broker’s unsuitable trades in grandmother’s account
A fine has been levied against J.P. Morgan in a case involving a broker who made unauthorized and unsuitable trades in his grandmother’s account, according to a report by ThinkAdvisor. The Financial Industry Regulatory Authority fined the firm $200,000 for failing to...
SEC charges Angel Oak Capital Advisors with misleading investors
The Securities and Exchange Commission has charged an Atlanta-based company with misleading investors about the firm’s delinquency rates, the SEC announced. The defendants, Angel Oak Capital Advisors, LLC and its portfolio manager Ashish Negandhi, reached a settlement...
CFP Board imposes interim suspensions against 3 financial advisors
The Certified Financial Planner Board of Standards announced that it has imposed interim suspensions of the CFP® certification against three financial advisors, reports InvestmentNews. The three, Christopher J. Asher of Annapolis, Maryland, Vincent J. Camarda of...
NY appeals court overturns UBS whistleblower verdict
A new trial has been ordered by a federal appeals court in a whistleblower case involving a former UBS AG strategist, according to a report by Financial Advisor. The 2nd U.S. Circuit Court of Appeals in Manhattan overturned a 2017 jury verdict that had gone in favor...
