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Merrill Edge Faces Class Action Lawsuit Over Interest Rates

January 23rd, 2024 at 3:20 PM
Merrill Edge, the online brokerage and advisory arm of Merrill Lynch, is facing a class action lawsuit.
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SEC Greenlights Spot Bitcoin ETFs

January 22nd, 2024 at 11:57 AM
In a groundbreaking move, U.S. regulators have approved the first exchange-traded funds (ETFs) directly investing in Bitcoin.
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Salt Lake City Ä¢¹½´«Ã½lls Fargo Advisor Accepts FINRA Bar Following SEC Settlement

January 19th, 2024 at 1:30 PM
Louis P. Goff, a former Ä¢¹½´«Ã½lls Fargo Advisors broker in Salt Lake City, Utah, has agreed to a bar from the brokerage industry imposed by the Financial Industry Regulatory Authority (FINRA).
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Financial Advisor in Maryland Pleads Guilty to Defrauding Elderly Client

January 18th, 2024 at 1:12 PM
Financial advisor Jeffrey A. Blizzard has pleaded guilty to bank fraud, facing a potential 30-year federal prison sentence.
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LPL Financial to Pay $6 Million to Settle FINRA Charges Over Regulation Best Interest Lapses

January 17th, 2024 at 1:45 PM
LPL Financial has agreed to pay over $6 million to settle charges by FINRA, alleging violations of Regulation Best Interest in recommending trades involving certain listed business development companies.
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Securities Lending Oversight Lapses Lead to FINRA Sanctions

January 16th, 2024 at 11:34 AM
The Financial Industry Regulatory Authority Inc. (FINRA) recently concluded settlements totaling $2.6 million in fines and restitution with four mobile apps and online broker-dealers.
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Ä¢¹½´«Ã½stPark Capital Representative Sanctioned for Unauthorized Private Transactions

January 15th, 2024 at 1:24 PM
The Financial Industry Regulatory Authority (FINRA) has imposed a fine and suspension on Mitchell S. Morrison for engaging in private securities transactions without providing prior written notice to his affiliated firms.
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SEC Awards Over $28 Million to Whistleblowers

January 12th, 2024 at 1:21 PM
The Securities and Exchange Commission (SEC) has granted awards totaling more than $28 million to seven individuals who played a pivotal role in a successful SEC enforcement action.
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Goldman Sachs Reports Garden Leave Violations on CRDs of Former PFM Advisors

January 11th, 2024 at 1:28 PM
Goldman Sachs has introduced further challenges for former advisors of its Personal Financial Management (PFM) unit who departed for competitors before the unit's sale to Creative Planning in November.
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SEC Secures Receiver for GPB Capital Holdings Following Alleged Deceptive Practices

January 10th, 2024 at 2:20 PM
The U.S. District Court for the Eastern District of New York approved the SEC's request to transition the ongoing monitorship over GPB Capital Holdings, LLC and its affiliates into a receivership.
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