Honeywell International Inc. has agreed to a settlement over criminal and civil charges that it engaged in bribery schemes in Brazil and Algeria, the Securities and Exchange Commission announced. The SEC found that in 2010, Honeywell offered at least $4 million in...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: December 2022
NRA arbitrators order NY firm to pay $1.5 million to former advisor over commission dispute
A New York broker-dealer has been ordered to pay over $1.5 million to one of its former financial advisors who said the firm did not pay him the commissions and other money he was owed, according to Financial Advisor. A Financial Industry Regulatory Authority...
CFP Board imposes interim suspension order against Texas investment advisor
The Certified Financial Planner Board of Standards has taken disciplinary action against a Texas financial professional due to violations of the board’s ethical standards. The CFP Board announced that it imposed an interim suspension of the CFP® certification against...
2 men charged with multi-million dollar scheme to trade on stolen information
Federal prosecutors in New York announced that two men have been arrested for allegedly conspiring to carry out an insider trading scheme, according to ThinkAdvisor. 51-year-old Lawrence Billimek, a trader with TIAA unit Nuveen, and 77-year-old Alan Williams, a...
CFP board forms commission to review profession’s competency requirements
The Certified Financial Planner Board of Standards has announced an initiative aimed at reviewing the current competency requirements for CFP® professionals. In a news release, the CFP Board said it will form a Competency Standards Commission in 2023. The commission’s...
