A former employee of a New York investment advisory firm has admitted to stealing from the company and its clients, according to InsuranceNewsNet. Federal prosecutors announced that 47-year-old Jennifer Campbell of Niagara Falls pleaded guilty to a single count of...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: November 2022
SEC announces 9% increase in enforcement actions for fiscal year 2022
The Securities and Exchange Commission has issued a report on its enforcement results for the fiscal year 2022. In a news release, the SEC said it had filed a total of 760 enforcement actions for the year, a 9 percent increase from fiscal year 2021. The commission...
CFP Board proposes time limit to file for reinstatement after suspension order
The Certified Financial Planner Board of Standards is proposing several changes to its procedural rules to reform elements of its enforcement process, according to InvestmentNews. The board released the changes last week for public comment, setting January 23, 2023 as...
FINRA suspends former Merrill Lynch broker over outside business activities
The Financial Industry Regulatory Authority has suspended and fined a former broker for Merrill Lynch who was discharged from the firm over his outside business activities, AdvisorHub reports. FINRA announced the action against Christopher T. Eriksson, who was based...
Former Wells Fargo broker barred in case involving unreturned funds
A former broker for Wells Fargo Advisors has been barred from the industry in a case involving money he was paid in error, according to AdvisorHub. The Financial Industry Regulatory Authority took the action against Bruce L. Davis of Sacramento, California. He was...
