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Crime and misconduct
SEC obtains judgment against ex-NFL player, broker for $10M fraud
Merrill Robertson Jr. had previously been sentenced to 40 years in prison in a separate criminal case.
Morgan Stanley sacks elite advisor over abuse allegations
The bank is said to have been aware of the accusations for years.
Top Morgan Stanley advisor allegedly abused ex-wives, girlfriends: Report
The broker belonged to Morgan Stanley's Chairman's Club, a group reserved for the elite among the firm's advisor ranks.
Wells Fargo: 'Where there's smoke, there's fire,' regulator says
Massachusetts is probing whether the firm's wealth management unit steered clients toward inappropriate investments and high-cost accounts.
Ex-Morgan Stanley brokers agree to plead guilty to $500K fraud scheme
The stolen funds allegedly went to pay for college expenses and credit card bills, according to federal prosecutors.
Barred broker charged with embezzling $287K of client funds
The stolen funds went to pay for his daughter’s college expenses and to reimburse other clients, according to federal prosecutors.
Broker suspended, fined for impersonating rival with online sex ads
The former Edward Jones broker wanted to get back at his competitor for stealing a client.
Rogue broker charged with stealing from his mother
The convicted fraudster allegedly stole more than $270,000 from his victims, including his mother and ex-girlfriend.
FINRA fines Merrill Lynch $1.4M over supervisory lapses
The alleged failures stretched over a two year period, according to the regulator.
J.P. Morgan Securities fined $1.25M over employee fingerprinting, screening lapses
The violations, which occurred from January 2009 through May 2017, affected approximately 95% of the firm's non-registered employees, according to FINRA.
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