James K. Couture, a former broker of LPL Financial, has been barred from the industry by the Securities and Exchange Commission (SEC) after he recently pleaded guilty to charges against him relating to a theft of $2.8 million from 6 clients. This was the second time he had pleaded guilty. The formerly Sutton, Massachusetts-based broker […]
LPL Financial Advisor James Couture Pleads Guilty to Defrauding Clients Read More »
Cetera Advisors LLC and Cetera Advisor Networks LLC have been charged by the Securities Exchange Commission (SEC) for perpetrating fraud on their advisory clients on account of their failure to disclose several sources through which they earned money. A final judgment against the firm has now been obtained by the SEC. An amended version of
Cetera Advisors Agrees to $5,614,509 Settlement From SEC Read More »
A new trend in investing is structured products. They are structured notes or Structured CDs that use the term “CMS-Linked” and refer to structured note investments that are linked to Constant Maturity Swap (CMS) rates. These are unique securities that have been gaining a lot of investors in the past years. These are often bundled
Investor Guide On Structured Notes and Structured Products Read More »
Even with the 2008-2009 financial crisis in the rear-view mirror, some of the most trusted names in the financial services industry have paid substantial fines and penalties since 2010. Goodjobsfirst.org/ViolationTracker.com and FINRA Brokercheck websites provide the following examples: Bank of America According to the Violation Tracker website (goodjobsfirst.org/violation-tracker.com), penalty and fines (since 2010) for Bank
Violation Tracker Memo as of April 2018 Read More »
Many investors are seeing substantial losses in the stock market. Too often, investors lose money in the stock market and don’t know what to do. The common question we receive is, “Can I sue my financial advisor?” The answer is that you can sue your financial advisor to recover losses. One of the common reasons
Suing A Financial Advisor For Losses Read More »