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FINRA Sanctions Former Morgan Stanley Broker Over Unauthorized Transfers

December 3rd, 2025 at 2:40 PM
A longtime Morgan Stanley financial advisor agreed to a $5,000 fine and a two-month suspension after FINRA found that he executed multiple transfers from his former spouse’s retirement account without proper authorization, as reported by AdvisorHub.
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Crypto's Leverage Shakeout Exposes Structural Risks

December 2nd, 2025 at 2:56 PM
The crypto market’s recent downturn erased nearly $20 billion in leveraged positions within hours and half a trillion dollars in market value over a single weekend.
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UBS Winds Down Funds as First Brands Bankruptcy Ripples Through Global Markets

December 1st, 2025 at 11:16 AM
UBS Group AG has begun liquidating two invoice finance funds with direct exposure to First Brands Group, marking one of the earliest moves by a major financial institution to contain the fallout from the bankrupt auto-parts supplier’s collapse, as reported by Bloomberg Law.
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Former GWG Chair Charged in Alleged $150 Million Fraud Scheme as Investor Losses Mount

November 26th, 2025 at 1:42 PM
Federal prosecutors have intensified scrutiny of the long-running collapse of GWG Holdings Inc., unveiling criminal charges against Bradley Heppner, the former chair of both GWG and Beneficient.
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Financial Advisor Accepts FINRA Bar Amidst Investigation into Alleged Misappropriation

November 25th, 2025 at 3:12 PM
A financial advisor affiliated with a credit union connected to Raymond James Financial agreed to an industry bar after declining to cooperate with FINRA’s investigation into allegations that he misappropriated client funds.
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Kyle Busch Alleges Considerable Losses in Indexed Universal Life (IUL) Scheme

November 24th, 2025 at 11:49 AM
Kyle Busch, a two-time NASCAR Cup Series champion, and his wife Samantha announced that they lost more than $8.6 million in what they describe as a “devastating financial scheme” involving an Indexed Universal Life (IUL) insurance policy.
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FINRA Fines Independent Financial Group for Allowing Suspended Broker to Place Trades

November 21st, 2025 at 10:56 AM
The Financial Industry Regulatory Authority (FINRA) issued a censure and $100,000 fine against Independent Financial Group (IFG) after finding that the IFG allowed a suspended and statutorily disqualified broker to continue placing trades.
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Supreme Alliance Fined for Failure to Supervise Variable Annuity Sales

November 20th, 2025 at 4:15 PM
The Financial Industry Regulatory Authority (FINRA) has fined Supreme Alliance $80,000 for failing to supervise recommendations and exchanges involving deferred variable annuities, as well as for failing to document background checks for newly hired registered representatives.
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Lawsuit Accuses Inspired Healthcare Capital of Concealing Insolvency

November 19th, 2025 at 2:06 PM
According to news sources, a new lawsuit alleges that Inspired Healthcare Capital (IHC) and its CEO, Luke Lee, misrepresented the company’s financial health and concealed insolvency from a lender who extended a $1.5 million loan in late 2024.  
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Former FINRA Brokers with Misconduct Histories Flock to Insurance Industry, According to Recent Study

November 18th, 2025 at 3:19 PM
A recent academic study reveals that thousands of brokers expelled from the securities industry for misconduct nonetheless continue to operate under state insurance licenses, often selling annuities and other financial products to unsuspecting clients.
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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.