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2,290 records on file, newest first

2021-12-20 /CRD 7461 /GA

FSC Securities, Royal Alliance, and Sagepoint Ordered to Pay Over $412,000 in Restitution for 529 Plan Share Class Supervision Failures

other

Failure to supervise 529 plan share-class recommendations

$412,000 Read the record →

2021-12-20 /CRD 6413 /SC

LPL Financial Ordered to Pay $982,354 in Restitution for 529 Plan Rollover Failures

other

Failure to supervise 529 plan rollovers and apply available sales charge waivers

$982,354 Read the record →

2021-12-20 /CRD 10409 /MA

MML Investors Services Ordered to Pay $617,726 in Restitution for 529 Plan Share Class and Breakpoint Failures

other

Failure to supervise 529 plan share-class recommendations and breakpoint discounts

$617,726 Read the record →

2021-12-20 /CRD 8174 /NJ

UBS Financial Services Ordered to Pay Over $4 Million in Restitution for 529 Plan Share Class Supervision Failures

other

Failure to supervise 529 plan share-class recommendations

$4,000,000 Read the record →

2021-12-20 /CRD 11025 /MO

Wells Fargo Ordered to Pay $3.36 Million in Restitution for 529 Plan Share Class Failures

other

Failure to supervise 529 plan share-class recommendations

$3,360,000 Read the record →

2021-12-20 /CRD 4459980 /CA

Hayk Papoyan Barred for Failing to Disclose Outside Account and Providing False Testimony

barred

Failure to disclose outside brokerage account and providing false testimony to FINRA

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2021-12-17 /CRD 133763 /AZ

SagePoint Financial Fined $700,000 for Failing to Supervise Representatives with Disciplinary Histories

fined

Failure to supervise representatives with disciplinary histories and inadequate recordkeeping

$700,000 Read the record →

2021-12-17 /CRD 4989449 /NY

Michael John Giovannelli Barred for Unauthorized Trading and Providing False Documents to FINRA

barred

Unauthorized trading, providing false documents to FINRA, and providing false testimony

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2021-12-16 /CRD 2468171 /FL

Daniel Della Rosa Barred for Failing to Provide Information and Appear for Testimony

barred

Failure to provide information and documents and failure to appear for testimony

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2021-12-15 /CRD 31194 /NY

RBC Capital Markets Fined $550,000 and Ordered to Pay $456,155 in Restitution for High-Yield Bond Supervision Failures

fined

Failure to supervise high-yield bond recommendations and defective automated alerts

$550,000 Read the record →

2021-12-14 /CRD 6948879 /CT

Gaetano Salvatore Ciambriello Barred for Failing to Appear for Testimony

barred

Failure to appear for on-the-record testimony

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2021-12-13 /CRD 11025 /MO

Wells Fargo Fined $650,000 and Ordered to Pay Over $2 Million in Restitution for Failing to Supervise Early UIT Rollovers

fined

Failure to supervise early UIT rollovers causing customers to pay unnecessary sales charges

$650,000 Read the record →