04/29/16 - 10:07 AM EDT
In August, eight investors were awarded $1.28 million in an arbitration against FSC Securities. But the firm hasn't paid up and is mounting an aggressive defense.
04/24/16 - 02:00 PM EDT
Twenty investors await a Finra arbitration hearing in September against two clearing firms that handled their trades in a penny-stock fraud. Did COR Clearing and Wilson-Davis ignore obvious red flags?
03/17/16 - 08:54 AM EDT
Three finance professors examined data for 1.2 million people with licenses to work on Wall Street. They unearthed unsettling news about the nation's stockbrokers. Industry representatives call the study 'flawed.'
03/17/16 - 08:49 AM EDT
A survey on misconduct by financial advisers finds that nearly three-quarters of misbehaving brokers still have a job one year after being cited for wrongdoing.
03/05/16 - 08:15 AM EST
The mutual fund giant Vanguard Group sent a customer dozens of transaction confirmations for other people's accounts. It isn't the first time the firm's security has been questioned.
03/02/16 - 11:10 AM EST
The JPMorgan CEO is famous for his attacks on regulators and complaints that his company is getting picked on. So what's with the measured new stance?
02/13/16 - 11:20 AM EST
In 2011, the brokerage firm LPL Financial fired Larry S. Werbel for selling penny stocks to investors, breaking the firm's rules. He stayed in business for another five years.
02/07/16 - 01:40 PM EST
Investors watching the ABC show about the convicted fraudster might well wonder whether they are working with a dishonest advisor. Here's how to make sure you don't get taken.
01/12/16 - 06:20 AM EST
Thomas J. Donohue, president of the powerful U.S. Chamber of Commerce, gives his annual 'State of American Business' speech this week. Expect the usual 'regulation is bad' blather.
01/03/16 - 11:00 AM EST
2015 was a winner for brokerage firms and other businesses that hoarded tax breaks and sought to reduce their obligations to the public. We honor the dubious achievers.