Morgan Stanley has recovered more than $7 million in a clawback case against a financial advisor who was barred from the industry after leaving the firm.

The core of the problem stemmed from UBS FSI's use of its Trade Allocation and Processing System (TAPS). The system handled ...

While the system monitored equity trades, it did not cover these specific products. As a result, more than 20,000 customer accounts circumvented full cash payments, engaging in trades without ...

Both sides, the firms as well as the regulators, want to clean up their books going into the new year,” one executive said.

A Finra arbitration panel has rebuffed J.P. Morgan Securities’ request for $39.8 million in damages against one of its former advisors, a Texan whose clients sought some $140 million in damages after ...

A three-person Finra Dispute Resolution Services panel the day after Christmas awarded a Wells Fargo Advisors client $3.4 ...

The financial services firm claimed that Edward Turley, a former advisor, "unjustly enriched himself by brazenly lying." ...

The firm failed to detect that millions of accounts were buying securities without first paying for them, the regulator said.

A former Hartsdale securities broker has been banned from the industry for six months, fined $10,000 and ordered to return ...

To achieve success on the FINRA exam, it is essential to dedicate the necessary time and effort to studying intelligently and ...