Jeffrey Max Cohen (CRD# 2528929), a financial advisor affiliated with Moloney Securities, has been the subject of numerous complaints and lawsuits over the years. This article will delve into the details of these allegations and the resulting legal actions. Background Cohen has been in the securities industry since 1994, with a history of employment at […]
Jeff Cohen BARRED: A History of Complaints and Lawsuits Read More »
Joseph Beam (CRD# 5407778), a financial advisor based in Flat Rock, North Carolina, has recently come under scrutiny due to a series of investor complaints and lawsuits. Beam, who has 15 years of experience in the securities industry, was previously registered with SunTrust Investment Services and is the owner of Beam & Associates Financial Advisors.
Joseph Beam Hit with Customer Complaint On GWG Holding Sales Read More »
The Security Act of 1933, a pivotal piece of legislation in the world of finance insider trading and investment, laid the foundation for federal securities regulation in the United States. Born out of dire economic circumstances following the infamous stock market crash of 1929 and during the Great Depression, this act aimed to restore investor
Doug McKelvey, an ex-broker from Morgan Stanley, based in Southlake, Texas, confessed to embezzling over $1.5 million from his mother and mother-in-law, as per the U.S. Attorney’s Office in the Eastern District of Texas. Doug M. McKelvey, aged 58, conceded to money laundering charges and potentially faces a decade in prison, announced the U.S. Attorney’s
Morgan Stanley Advisor Doug McKelvey Confesses to Embezzling From Family Read More »
When you work with a broker, you are trusting that they have your best interests in mind. However, when it comes to the legal responsibilities of brokers, many people are left wondering if they have a fiduciary duty to their clients. A fiduciary duty is the highest standard of care that one party owes to
Do Brokers Have a Fiduciary Duty? Read More »