An effort to pursue legal recognition of the term ‘financial planner’ has been announced by the Financial Planning Association, InvestmentNews reports. The FPA is the leading membership organization and trade association for Certified Financial Planner™ professionals...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: August 2022
FINRA bars former Ameriprise broker who failed to respond to investigators
A former Ameriprise Financial Services advisor was barred by the Financial Industry Regulatory Authority after failing to respond to its requests for information related to an investigation, Financial Advisor reports. Francis Joseph Velten was the focus of a probe by...
UBS co-operating with federal investigations into use of unauthorized messaging
As federal regulators continue their investigation into the use of unauthorized messaging platforms at major investment banks, UBS AG has indicated that it is part of the probe. According to a report in AdvisorHub, the Swiss bank addressed the matter in its latest...
9 charged by SEC with involvement in insider trading schemes
Nine individuals are facing fraud charges in connection with three separate insider trading schemes, the Securities and Exchange Commission announced last week. The nine are accused of violating the antifraud provisions of the securities laws in cases involving a...
Morgan sues former advisors over alleged poaching of clients
J.P. Morgan Securities has gone to court to stop incidents of client poaching by some of its former advisors, according to Financial Advisor. In one case, the firm filed a lawsuit in federal court against David M. Anderson, who resigned from J.P. Morgan in June and...