A black eye for FINRA? Brokers with checkered histories cast doubt on enforcement efforts

March 16, 2021 by Tobias Salinger

One advisor is in jail, accused of murdering a client for his life insurance money. Another was arrested on charges of child sex abuse. An alternative investment manager raised billions of dollars for funds now described by authorities as a Ponzi-like scheme by selling its risky and costly products through wealth managers.

None of these three separate cases involving previously-dinged advisors came to light until, investigators say, the advisors hurt peoples’ finances significantly or physically harmed them.  Click HERE to read the full story via Financial Planning. 

Originally Posted at Financial Planning on March 12, 2021 by Tobias Salinger.