Personal animosity between a now-former Raymond James Financial Services Inc. branch manager near Baltimore, Maryland, and his ex-friend and ex-business partner has turned into a $600,000 arbitration award.Read More »
Tracking arbitration awards can be a difficult task. Many times the results are kept confidential or not reported. So far this year only five arbitration awards have been reported directly to us by attorneys, and last year there were just ...Read More »
Edward Jones & Co., the St. Louis-based brokerage with 9,900 U.S. offices, will pay $900,000 to settle an industry regulator’s claim it was late in delivering documents for thousands of municipal bond sales. The firm was tardy in sending clients ...
Tagged with: Financial Industry Regulatory AuthorityRead More »
Mary Schapiro, seeking to win Senate confirmation to be chairman of the Securities and Exchange Commission, said she will “reinvigorate” an enforcement unit that has drawn fire from lawmakers for missing Bernard Madoff’s alleged $50 billion Ponzi scheme. “I will ...Read More »