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FINRA Seeks Cease-and-Desist Order to Halt Ongoing Fraud and Misuse of Funds by Pinnacle Partners and its President Brian Alfaro

Last week, FINRA announced today that it has filed a notice seeking a Temporary Cease and Desist Order (TCDO) against San Antonio-based brokerage Pinnacle Partners Financial...

FINRA Fines Goldman Sachs $650,000 for Failure to Disclose Wells Notices

Today, the Financial Industry Regulatory Authority ("FINRA") said that it fined Goldman, Sachs & Co. $650,000 for failing to disclose that two of its registered...

SEC Probes Citigroup Hedge Funds

The following story appeared in the Wall Street Journal on November 8, 2010: A Securities and Exchange Commission investigation of soured Citigroup Inc. debt funds...

Notice From the Securities Arbitration Law Firm of KlaymanToskes To All Goldman Sachs Customers Who Invested in Hudson CDO Securities

The Securities Law Firm of KlaymanToskes, announced today that a class action lawsuit, Case No. 10-CV-07497, has been filed against Goldman Sachs (NYSE: GS) on...

FINRA Orders Ferris, Baker Watts to Pay Close to $700,000 for Improper Sales of Reverse Convertible Notes

Last month, the Financial Industry Regulatory Authority ("FINRA") fined the former Ferris, Baker Watts LLC, which was acquired by RBC Wealth Management, $500,000 for inadequate supervision...

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