Sep 8th, 2015

New Report Reveals Wells Fargo Advisors Were Unethically Front Running Customers

Financial Industry Regulatory Authority, or FINRA, recently reported that representatives from Wells Fargo Advisors, LLC. in St. Louis, Missouri unethically prioritized their own interests above their […]
Sep 4th, 2015

High Markup Corporate Bonds Make Big Money for Source Capital Group, but Not Clients

Source Capital Group, Inc. was recently fined and censured by the Financial Industry Regulatory Authority, or FINRA, for selling corporate bonds to customers at an unfair, […]
Sep 3rd, 2015

OFS Securities Inc. Client Loses $600,000 from Ill Advised Lehman-backed Investment

This July, Financial Industry Regulatory Authority, or FINRA, reported a recent closure of a case involving the gauche activities of OFS Securities Inc. from 2011 through […]
Aug 31st, 2015

Cape Securities’ Representative Caught in Fraudulent Wire Transfer Activity

Recent reports from Financial Industry Regulatory Authority, or FINRA, detail a macabre series of fraudulent wire transfers. From February through September 2012, a registered representative of […]
Aug 27th, 2015

Malicious Variable Annuity Surrenders Make Treasure Trove for Cadaret, Grant & Co.

According to recent reports from Financial Industry Regulatory Authority, or FINRA, the Syracuse, New York-headquartered independent-brokerage firm Cadaret, Grant & Co., Inc. was fined $75,000 and […]
Aug 3rd, 2015

Investors in Notes Offered by Thompson National Properties Are Securities Fraud Victims

FINRA recently ruled in a hearing panel decision that Anthony Warren Thompson and TNP Securities, LLC, engaged in widespread securities fraud, improperly taking over $35 million […]
Jul 29th, 2015

Why Foreign Currency CDs Are A Bad Investment

A traditional certificate of deposit (CD) works like a black cup of coffee: enough buzz to justify the purchase, but nothing sweet. That is, they are […]
Jul 3rd, 2015

Unsafe CDs: You Can Lose Your Shirt Investing In High Yield Certificates of Deposit.

When you think of CDs (certificates of deposit), you probably think of a safe, rather boring investment. While that is true for many CDs, in the […]
Jun 27th, 2015

Interinvest Corp Fraudulently Funnels $17 Million Earmarked for “Conservative Investing” into Sketchy Canadian Penny Stocks.

Hans P. Black and his investment advisory firm, Interinvest, are targets of an SEC complaint alleging a $17 million fraud. According to the SEC, Mr. Black’s […]
Jun 25th, 2015

Purshe Kaplan Sterling Financial Advisor Charges Clients Double

Mr. Larry Phillips of Purshe Kaplan Sterling Investments and Phillips Group Advisors was recently fined for double-charging clients. Mr. Philips purchased notes, certificates of deposit, and […]