Published by CNBC By Sarah Obrien Published 10:01 AM ET Mon, 25 March 2019 --- Dishonest advisors or brokers may not be the norm. When they turn up, though, hold on to your pocketbook. In the latest monthly list of disciplinary actions taken by the Financial Industry Regulatory Authority, several cases involve brokers...
Published by Springfield News-Sun By Thomas Gnau Updated Feb 25, 2019 --- DAYTON — A U.S. District Court judge has ordered a former Dayton-area financial broker to pay more than $1.1 million in a civil case brought against him by the U.S. Securities and Exchange Commission. The SEC sued John Gregory...
Published by Dayton Daily News By Thomas Gnau Updated Oct 02, 2018 --- A former Dayton investment advisor misappropriated more than $1.6 million from clients — many who were elderly — for the past 14 years, the U.S. Securities and Exchange Commission said in a complaint. The SEC termed the actions...
Published by HoumaToday.com By Dan Copp Posted Jan 31, 2019 at 9:35 PMUpdated Jan 31, 2019 at 9:35 PM --- A local businessman and former vice president of the Greater Lafourche Port Commission was arrested today after stealing nearly $1 million from his clients, authorities said. Kristian “Kris” Gaudet, 45, of Cut Off, is charged with two counts of felony theft, the...
Published by CNBC By Sarah O'Brien Published 9:59 AM ET Thu, 21 Feb 2019 --- Each year, an estimated 50 percent of people are victims of financial foul play, and 16.5 percent say it's in the form of investment fraud. Not all cases that come before regulators involve large amounts, and...
Published by The Wall Street Joural By Leslie Scism Updated Sept. 19, 2018 10:54 a.m. ET --- A long decline in interest rates caused premiums to soar when they were supposed to stay level A popular insurance product of the 1980s and 1990s has come back to bite many older Americans. Universal...
Published by Insurance news net By Jordan Smith Jan 7, 2019 --- Commentary Traditional, nonguaranteed universal life insurance (often described in the insurance industry as current assumption UL) has been subjected to rather brutal criticism over the past few years. It most recently came into the news in a September Wall Street...
Published by Global Banking & Finance Review Dec 12, 2018 --- The following was issued by: PEIFFER WOLF CARR & KANE. Investors wiped out in the recent OptionSellers.com natural gas investment debacle now face a new challenge: legal advice from firms that may not have experience in futures arbitration and commodities...
PWCK LAW FIRM: OPTIONSELLERS.COM INVESTORS NEED TO ENSURE THEY SEEK RECOURSE IN THE RIGHT VENUE OptionSellers.com Investors Wiped Out in Hedge Fund Face Margin Calls for Additional Funds, Are Getting Hounded by INTL FCStone to Sign Away Their Legal Rights, and Now May Be Getting Steered...
Published by Tampa Bay Business Journal By Crystal Owens Dec 6, 2018, 2:56pm EST --- Clients of the Tampa investment firm OptionSellers.com who lost millions earlier this month in a short call position on natural gas owe at least $35 million to the broker-dealer firm that executed the single trade. INTL...
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