By Steve Kardell | Published October 30, 2017 | Posted in Whistleblower Litigation | Tagged Tags: ETF Trades, FINRA, Inc., WFG Investments |
A former representative from WFG Investments, Inc., agreed to a court decision that he be barred from the securities industry as penalty for recommending trades in particularly risky, nontraditional exchange-traded funds (ETFs). These funds led to about $8.4 million in losses to customers. This settlement was filed by the Financial Industry Regulatory Authority (FINRA). According Read More
Read MoreIn April, the Securities and Exchange Commission (SEC) initiated the very first enforcement action regarding employee confidentiality agreements against KBR, Inc., a technology and engineering company based in Houston, Texas. Certain pieces of language in KBR’s agreement signed by its employees caused the SEC to take an interest in the case. According to the SEC, Read More
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