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June 11, 2018

Merrill Lynch and Wells Fargo Learn Tough Lessons from Discrimination Suits
And after a court-enforced period of policy changes finished, one wirehouse is continuing to voluntarily implement improvements.
UBS Team Advising $340 Million Breaks Away
Meanwhile, another Wells Fargo team also jumps ship.
Lobbyists Storm Capitol Hill Seeking Tougher Best Interest Regulation
FPA is pushing lawmakers for tighter regulations for advisors.
Ex-Investment Advisor Sentenced to 7 Years for Defrauding NFL Star
Kenneth Ray Cleveland pleaded guilty to money laundering and federal fraud.
FA Guilty of Fraud Gets Big Jail Time and Multi-Million Penalty
The advisor pled guilty to fraud and tax evasion.