Aug 17, 20201 minMorgan Stanley to Pay $950K to Finra, Customers Over Alleged ChurningFinra says Morgan Stanley has agreed to pay $950,000 over alleged failures to supervise one of its brokers who churned client accounts....
Jul 30, 20201 minDOL Abandons Its Statutory Mission to Protect Retirement SaversIn Deferring to the weak and ineffective SEC standard, the Labor Department is setting aside its much stronger mandate. Source:...
Jul 29, 20201 minAIG Unit to Pay $40M Over 12b-1, Referral Fees Tied to Teacher Pensions“Too often educators are targeted with misconduct related to their investments,” said SEC Chairman Jay Clayton. Source: ThinkAdvisor.com...
May 21, 20201 minMorgan Stanley Put My Money in Unsuitable Investments: Elderly ClientLawyers for an elderly Dallas investor say they have filed a Finra arbitration claim against Morgan Stanley and one of its brokers...
Feb 25, 20201 minWells Fargo Nearing $3B Settlement: ReportsWells Fargo is set to pay some $3 billion to settle federal investigations of its fake accounts and related client abuses, according to...