Scammers have capitalized on clients' vulnerability and loneliness, especially since the pandemic started, according to RBC Wealth Management's Tara Ambrose.

Alpine Securities allegedly deemed accounts worthless and closed them without notifying customers and moved tens of millions of dollars worth of clients’ securities.

The firm will be training its advisors on the rule beginning in September, according to director of regulatory affairs Mark Quinn.

The proposed changes are aimed at making a better assessment of systemic risk among alts managers and giving the commission data to shape regulatory and policy proposals.

Shawn Good, accused by the SEC of running a $4.8 million Ponzi scheme, was barred from selling securities earlier this month by federal judge in North Carolina.

The self-regulator says it “has received an increasing number of reports” of digital signature forgery and falsification.

“At the end of Leonard’s long and exemplary life, he unfortunately struggled with mental health issues,” according to the obituary in The Oklahoman.

A Financial Industry Regulatory Authority arbitration panel has ruled in favor for investors who were seeking well over $7.5 million.

None of the previously proposed tax increases aimed at the richest people in the country made it into the package passed in the Senate on Sunday.

The bill passed in the Senate on Sunday would increase the agency’s funding by $79 billion over the next decade, with more than half going toward enforcement.