11/28/2018

Ex-UBS Broker Suspended Over Alleged Churning in Client Accounts

In one client’s account, whose net worth was over $5 million and whose investment objective was income and capital appreciation, Fagenson’s trading allegedly resulted in an annualized turnover rate of 16.07 and an annualized cost-to-equity rat

11/20/2018

SocGen to pay $1.3 billion to settle U.S. sanctions case

“The absence of an effective, global sanctions-compliance infrastructure and lack of management oversight allowed Société Générale employees to ignore the scope and applicability of laws governing economic sanctions, as w

11/19/2018

Ex-Wells Fargo Rep Barred for Alleged Inaccuracies in His Notes

The former broker initially cooperated with Finra’s investigation into his discharge, but stopped doing so in September 2018, by first sending an incomplete response and then informing Finra staff through his lawyer that he would not provide the res