by Broker Fraud | Sep 20, 2018 | Securities Fraud
On August 9, the U.S. Securities and Exchange Commission charged a former registered representative, John C. Maccoll, who was affiliated with the Birmingham, Michigan, branch of UBS Financial Services1, with defrauding brokerage customers out of almost $4 million in...
by Broker Fraud | Sep 13, 2018 | Securities Fraud
The Securities and Exchange Commission (SEC) has been busy protecting investors this summer and has brought charges against some larger investment firms, including Morgan Stanley Smith Barney and Merrill Lynch. Morgan Stanley Smith Barney (MSSB) was charged by the SEC...
by Broker Fraud | Aug 21, 2018 | Securities Fraud
Broker fined, barred by SEC for cherry-picking By Ryan Neal Investment News SEC issues cease-and-desist order to brokerage, trader Agency says Roger Denha unfairly allocated investment profits to personal, family accounts SEC alleges broker obtained $412,230 in...
by Broker Fraud | Jul 3, 2018 | Securities Fraud
The SEC, Securities and Exchange Commission, has charged Wells Fargo Advisors with misconduct in the sale of MLIs to retail investors. MLIs are known as market-linked investments. This financial misconduct has imposed substantial costs on retail customers. Without...
by Broker Fraud | Apr 24, 2018 | Securities Fraud
Agatha Christie, the popular detective novel author, was once quoted as having said that where large sums of money are concerned it is advisable to trust no one. A federal court indictment issued on March 29 once again bears out the wisdom of Ms. Christie’s...
by Broker Fraud | Apr 10, 2018 | Securities Fraud
There are many ways scammers or unscrupulous brokers and advisors can take advantage of investors. Last week the SEC obtained a court order to freeze more than $27 million in trading proceeds of purported cryptocurrency stock sales. Here is an article that displays...
