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Audit Failures, Whistleblower Claims, and Renewed Scrutiny of the Big Four

December 17th, 2025 at 2:08 PM
A series of lawsuits, congressional findings, and high-profile corporate collapses has reignited long-standing concerns about the audit industry’s ability to confront fraud, as reported by Bloomberg Law.
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Reminders for CFAs in Adhering to Compliance Standard, Client-Disclosure and Conflict Management Requirements

December 16th, 2025 at 12:57 PM
In 2023, the CFA Institute Board of Governors approved targeted revisions to the Standards of Professional Conduct, adding one new standard and updating two others.
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FINRA Sanctions Former Merrill Broker for Unapproved Referral Payouts

December 15th, 2025 at 11:51 AM
The Financial Industry Regulatory Authority (FINRA) issued a six-month suspension and a $7,500 fine against former Merrill Lynch broker Jeremiah Householder after finding that he accepted referral commissions from an unapproved third-party lender.
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SEC Charges Driver Who Posed as a Financial Professional and Lost Over $1 Million

December 12th, 2025 at 2:00 PM
Federal regulators charged a New York area driver with masquerading as a seasoned investment professional and causing significant losses for three investors.
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DOJ Secures Five-Year Prison Sentence in Wolf Capital Crypto Fraud Case

December 11th, 2025 at 11:52 AM
Federal prosecutors have obtained a five-year prison sentence for Travis Ford, an Oklahoma resident who admitted to orchestrating a fraudulent crypto investment scheme through Wolf Capital.
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SEC Highlights Rising Risks in RIA Consolidation and Focuses on Retailer Investor Protection

December 10th, 2025 at 4:18 PM
The Securities and Exchange Commission signaled heightened scrutiny of investment advisers involved in mergers and acquisitions, according to its newly released 2026 Examination Priorities.
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The Vanishing Boundary Between Investing and Gambling

December 9th, 2025 at 11:34 AM
According to Bloomberg Law, there now are the tools, tactics, and a psychology of gambling that increasingly resembles those of retail trading.
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Former Morgan Stanley Advisor Faces FINRA Action Over Undisclosed Loans from Elderly Client

December 8th, 2025 at 11:41 AM
FINRA filed a complaint against former Morgan Stanley advisor Kirk J. Crossen, alleging that he borrowed $400,000 from an 84-year-old customer experiencing early-stage dementia and concealed the loans from his firm.
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FINRA Fines Wedbush Securities for Margin-Securities and Disclosure Failures

December 5th, 2025 at 11:59 AM
The Financial Industry Regulatory Authority (FINRA) ordered Wedbush Securities to pay $150,000 after identifying significant compliance and supervisory failures involving customer margin securities and required bond-pricing disclosures.
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Webull Faces Scrutiny After Alleged Account Breach and Penny Stock Manipulation

December 4th, 2025 at 11:23 AM
An emerging investigation into Webull Financial centers on allegations that an unauthorized third party infiltrated the firm’s security systems, accessed customer brokerage accounts, liquidated existing holdings, and used the proceeds to purchase shares of Ten-League International Holdings Ltd.
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LATEST NEWS AND ARTICLES

December 17, 2025
Audit Failures, Whistleblower Claims, and Renewed Scrutiny of the Big Four

A series of lawsuits, congressional findings, and high-profile corporate collapses has reignited long-standing concerns about the audit industry’s ability to confront fraud, as reported by Bloomberg Law.

December 16, 2025
Reminders for CFAs in Adhering to Compliance Standard, Client-Disclosure and Conflict Management Requirements

In 2023, the CFA Institute Board of Governors approved targeted revisions to the Standards of Professional Conduct, adding one new standard and updating two others.

December 15, 2025
FINRA Sanctions Former Merrill Broker for Unapproved Referral Payouts

The Financial Industry Regulatory Authority (FINRA) issued a six-month suspension and a $7,500 fine against former Merrill Lynch broker Jeremiah Householder after finding that he accepted referral commissions from an unapproved third-party lender.