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June 5, 2018

SEC Slaps Advisor with Multimillion-Dollar Penalty for Conflicts of Interest Non-Disclosure
The firm has agreed to pay a settlement leading to the creation of a Fair Fund for affected clients.
How Wirehouses Turn the Tables on Ex-Employees in Finra Arbitrations
Don’t expect to wiggle out of your promissory note obligations.
Long Island FA Who Bamboozled Clients and Stole Millions in Ponzi Scheme is Arrested
FA arrested for looting his senior clients of a collective $7.5 million of their hard-earned dollars.
Finra Hunts Down FAs Violating Outside Activities Rules
The new crackdown has already netted a number of advisors.
Wells Fargo Loses $505 Million FA Team to Raymond James
Raymond James has recruited an FA team responsible for advising on $505 million in client assets from Wells Fargo.