Suzanne Barlyn – Page 4

Exclusive: Financial planners prep to ask states for more policing

August 24, 2021 at 6:22 p.m.

NEW YORK (Reuters) - U.S. financial planning groups are launching an effort to develop new state regulations for their industry, three years after a similar effort failed at the federal...

U.S. regulator intensifies scrutiny of fee-based accounts

August 24, 2021 at 6:57 p.m.

(Reuters) - The top U.S. securities regulator is stepping up scrutiny of "reverse churning," a practice in which brokerage firms trade very infrequently in accounts they manage for fixed fees,...

Financial adviser to serve 12 years in prison for loan scam

August 24, 2021 at 5:57 p.m.

(Reuters) - The owner of a Virginia-based investment firm who orchestrated a $270 million stock scam that defrauded clients out of $35 million, must serve 12 years in prison, federal...

Wall Street watchdog puts up fight in California broker cases

August 24, 2021 at 5:19 p.m.

(Reuters) - Securities brokers who think California's state court system offers an easy path for erasing details from their public records may want to think again. Wall Street's industry-funded watchdog...

Beverly Hills securities broker target of Wall Street complaint

August 24, 2021 at 4:44 p.m.

(Reuters) - A Beverly Hills securities broker, whose clients included Hollywood stars, is being accused by Wall Street's industry-funded watchdog of lying to regulators and selling worthless securities to unsuspecting...

Many U.S. investment advisers fall short on record-keeping: study

August 24, 2021 at 4:10 p.m.

SALT LAKE CITY, Utah (Reuters) - Many U.S. state-registered investment advisers are failing to follow basic industry record-keeping rules, according to a nationwide series of examinations by state regulators. One...

Broker who sold troubled securities awarded $4.3 million in arbitration

August 24, 2021 at 3:41 p.m.

NEW YORK (Reuters) - A $4.3 million arbitration award to a broker who was encouraged by his former firm to sell securities that later failed could spawn similar complaints from...

Some U.S. brokers not policing ‘hold’ recommendations: regulator

August 24, 2021 at 3:37 p.m.

NEW YORK (Reuters) - Some securities brokerages are struggling with an industry rule requiring, among other things, policies to make sure that recommendations to hold securities are appropriate for their...

Citigroup must pay couple $3.1 million for not overseeing broker: panel

August 24, 2021 at 3:21 p.m.

(Reuters) - A Citigroup Inc unit must pay $3.1 million to a Florida-based couple who alleged the firm did not properly supervise a broker who steered them to invest in...

U.S. broker’s Facebook misstep leads to fine, suspension

August 24, 2021 at 3:17 p.m.

(Reuters) - A Facebook post defending a drug company stock has spurred more than a year of headaches for a broker who has been fined and suspended in a case...

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