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SEC Targets Fund Adviser Jonathan Larmore in $35 Million Case

December 19th, 2023 at 1:35 PM
The Securities and Exchange Commission (SEC) has filed fraud charges against ArciTerra Companies LLC, a real estate investment firm based in Phoenix, and its CEO, Jonathan M. Larmore.
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SEC Reports Unprecedented Enforcement Success in 2023

December 18th, 2023 at 1:23 PM
In its report on fiscal year 2023, the Securities and Exchange Commission (SEC) revealed a substantial increase in its enforcement efforts to protect investors and uphold market integrity.
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Mariner Ä¢¹½´«Ã½alth Advisors Request Temporary Halt to Edelman's Poaching and Defamation Lawsuit

December 15th, 2023 at 2:23 PM
Mariner Ä¢¹½´«Ã½alth Advisors has sought a court order to temporarily halt a lawsuit filed by Edelman Financial Engines, alleging that Mariner poached advisors and misappropriated trade secrets.
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Edelman Financial Files Lawsuit Against Mariner Alleging Client Poaching and Defamation

December 14th, 2023 at 11:54 AM
Edelman Financial Engines initiated legal action against Mariner Ä¢¹½´«Ã½alth Advisors, alleging that the Registered Investment Advisor (RIA) engaged in the wrongful recruitment of Edelman's financial advisors.
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Goldman Sachs Profit Drops by 33%

December 13th, 2023 at 1:24 PM
Goldman Sachs Group Inc. experienced its second consecutive quarter of real estate writedowns and a continued dealmaking slump, reducing its profitability to approximately half of its targeted level.
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CFP Board Advances Measures for Heightened Accountability and Transparent Public Sanctions

December 12th, 2023 at 3:33 PM
The CFP Board has revealed that it will release the Disciplinary and Ethics Commission (DEC) orders imposing sanctions alongside the public sanction news releases that it already publicizes. 
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TD Bank Brokerage Unit Settles FINRA Case Alleging Oversight Gaps in Email Monitoring

December 11th, 2023 at 10:57 AM
TD Private Client Ä¢¹½´«Ã½alth (TDPCW), a broker-dealer subsidiary of TD Bank, has agreed to pay a $600,000 fine and be censured following an investigation by the Financial Industry Regulatory Authority (FINRA).
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Former Advisor Receives Decade Long Prison Sentence for Fraudulent Activities

December 8th, 2023 at 1:23 PM
Former First American Securities Inc. president Thomas Brenner has been sentenced to over ten years in prison by a federal judge in Ohio.
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RIA's Asset Growth Still Trails Behind Wirehouse Counterparts

December 7th, 2023 at 11:29 AM
Registered Investment Advisors (RIAs) are experiencing a faster growth rate in numbers compared to national brokerage firms, as indicated by recent data from Cerulli Associates, but their asset levels still trail.
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Real Estate Firm Funded by Independent Broker-Dealers Faces Financial Collapse

December 6th, 2023 at 1:29 PM
In late September, iCap Enterprises Inc., a real estate investor and manager, filed for bankruptcy after raising $245 million from investors through independent broker-dealers.
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