A suspended broker has been charged with using his social media presence to raise $800,000 from 67 followers, only to spend most of it on personal expenses such as travel, dining and luxury goods, the ...

The client requested an investment with no principal risk but was told to purchase risky mortgage-backed-securities, the ...

Most firms place a limit on advisors’ sales of alternative investments to clients in the neighborhood of 10% a customer’s net ...

A federal judge denied CEO’ and managing principal James Lukezic's urgent bid to halt FINRA discipline over $1.1 million in ...

The Financial Industry Regulatory Authority is repaying millions from enforcement actions to investors harmed by broker ...

Borrowing that happens in brokerage accounts, often used to buy more stocks, is at an all-time high as of July, and topped $1 trillion for the first time ever as of June, according to tracking by ...

A FINRA-suspended broker known as “K Money” was arrested and faces charges of defrauding social media followers of more than $800,000. According to the Justice Department, Kenneth Thom was charged ...

JPMorgan Chase & Co. is now reportedly facing an arbitration battle against an 85-year-old widow who alleges the financial ...

Rather than comply with an investigation, a former Merrill Lynch broker, an industry newcomer, allegedly stonewalled.

Morgan Stanley has won another arbitration battle in a series of disputes in which it argues it doesn't owe unpaid deferred ...

For the first time in the study (which began in 2009 and is conducted every three years), the percentage of people who said they had no difficulty covering monthly expenses and bills declined, in this ...

FINRA also reviews broker advertisements to make sure they are not misleading. FINRA investigates any potential wrongdoings by brokers and decides on disciplinary actions, whether formal or informal.