Registered Reps

Business As Usual Cost Merrill Lynch Advisor A Pro Baseball Client

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Doug Mirabelli, formerly of the Boston Red Sox, has won more than $1.2 million in damages and fees from Merrill Lynch related to the way the firm handled his account back in 2008.

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Dead Brokerage Firm Still On The Hook For $9 Million To Former Clients

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FINRA is standing firm on its demand that failed broker-dealer CapWest pay $9 million in damages and fees, even though regulators confess that they are "not particularly hopeful."

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Broker Auditor Gets Green Light To Charge Big Players More

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It's getting more expensive for the biggest brokerage firms to pay for their channel's supervision, but they won't know for months exactly how big their share of the bill will be.

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Raymond James Pays The Biggest Claim In Its History After Appeal Thrown Out

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Huge financial incentives for selling variable annuity products -- "suitable "or not -- have cost Raymond James close to $1.8 million, even though the client ended up making money on the advice.

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SEC, FINRA Repeat Guidance On Branch Office Supervision

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Interesting timing on a joint alert from the SEC and FINRA urging broker-dealer firms to inspect their branch offices.

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