World Investment, LLC agreed to pay a $100,000 fine after FINRA found the firm failed to reasonably supervise deferred variable annuity exchanges and registered index-linked annuity recommendations.
World Investment, LLC fined $100,000 by FINRA for annuity supervision failures Read More »
IFP Securities, LLC agreed to pay a $100,000 fine after FINRA found its automated surveillance system failed to generate alerts for mutual fund and UIT transactions for roughly two years.
IFP Securities, LLC fined $100,000 by FINRA for failed mutual fund and UIT surveillance Read More »
Oppenheimer & Co. Inc. agreed to pay a $250,000 fine and accept a censure after FINRA found the firm mislabeled private-label CMOs as government agency bonds and corporate bonds on customer account statements.
Oppenheimer & Co. Inc. fined $250,000 by FINRA for mislabeling private-label CMOs Read More »
Oppenheimer & Co. Inc., IFP Securities, LLC, and World Investment, LLC recently settled FINRA cases totaling $450,000 in fines. The cases involved mislabeled CMOs, failed mutual fund and UIT surveillance, and inadequate annuity supervision.
Gregory Norman Grajek, a former UBS and Morgan Stanley broker with CRD 1220268, is accused of misappropriating brokerage assets shared with his ex-wife. His BrokerCheck profile shows six customer disputes, including a pending 2025 complaint.