Suzanne Barlyn – Page 5

UBS agrees to pay $4.6 million in settlement over sales assistants

August 24, 2021 at 2:38 p.m.

(Reuters) - A unit of UBS AG will pay nearly $4.6 million to settle allegations by multiple state securities regulators that unregistered sales assistants accepted clients' orders to buy and...

Judge tosses out Goldman ruling, points to arbitrator

August 24, 2021 at 1:48 p.m.

(Reuters) - A federal judge late on Thursday tossed out a securities arbitration ruling against an investor who sought to recoup $1.4 million from Goldman Sachs Group Inc , citing...

Book Talk: Susan Choi returns to probe love, youthful selfishness

August 24, 2021 at 1:53 p.m.

NEW YORK (Reuters) - Author Susan Choi in her latest book starts with a graduate student's fascination with a professor when she arrives at a prestigious university in 1992. But...

Ex-broker for Wells, Morgan Stanley indicted for check fraud

August 24, 2021 at 1:24 p.m.

(Reuters) - A former broker for Wells Fargo Advisors LLC and Morgan Stanley has been indicted for defrauding an elder client out of $1.8 million by forging checks on her...

Exclusive: FINRA beefs up policing of arbitrators

August 24, 2021 at 12:15 p.m.

(Reuters) - Wall Street's industry-funded watchdog said it was beefing up oversight of its 6,500 securities arbitrators after one of them was criminally indicted and suspended from the practice of...

Wall Street watchdog to review broker bonus disclosure plan in July

August 24, 2021 at 10:15 a.m.

WASHINGTON (Reuters) - Wall Street's watchdog will present a plan to its board in July that would require brokers to tell certain clients about compensation they receive when they switch...

Broker-dealer LPL overhauling compliance practices after fines

August 24, 2021 at 10:10 a.m.

NEW YORK (Reuters) - LPL Financial Holdings Inc, a fast-growing broker-dealer that offers services to more than 13,000 independent stockbrokers, is overhauling its compliance procedures following a flurry of regulatory...

SEC, FINRA warn retirees on pension buyouts

August 24, 2021 at 11:02 a.m.

(Reuters) - The top securities regulators on Thursday warned individual investors about pension purchasing companies that persuade retirees and military veterans to sign over pension checks in return for lump-sum...

States urge SEC to halt forced investor arbitrations

August 24, 2021 at 9:06 a.m.

(Reuters) - State securities regulators on Friday urged the SEC to prohibit Wall Street brokerages from requiring customers to settle legal disputes through arbitration, which prevents customers from going to...

Goldman wins $1.4 million arbitration case filed by debt fund investor

August 24, 2021 at 12:57 a.m.

(Reuters) - An investor who claimed that Goldman Sachs & Co misrepresented the risks of a distressed debt fund has lost a $1.4 million securities arbitration case against the brokerage...

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