FINRA Arbitration Panel Orders Fidelity To Pay Family Trust Investors $1.28 Million Following Lawsuits Over Investments In Structured Notes
On February 17, 2026, a public FINRA Arbitration Panel awarded two separate parties invested through family trusts a combined $1.28 million in compensatory damages. According to the filings, the family trusts sued Fidelity over investments in structured notes. The family trusts asserted causes of action for negligence, failure...
FINRA Arbitration Panel Orders Fidelity To Pay Family Trust Investors $1.28 Million Following Lawsuits Over Investments In Structured Notes Continue reading…FINRA Arbitration Panel Orders Morgan Stanley To Pay Entrepreneurs $400,000 After Miscommunication Over Cash Held In Investment Accounts Following Sale Of Business
On February 10, 2026, a public FINRA Arbitration Panel awarded two entrepreneurs $400,000 after they sued Morgan Stanley over a miscommunication they had with their financial advisor James Monken. According to the filings, the entrepreneurs sold their business and requested that James Monken keep the proceeds from the...
FINRA Arbitration Panel Orders Morgan Stanley To Pay Entrepreneurs $400,000 After Miscommunication Over Cash Held In Investment Accounts Following Sale Of Business Continue reading…FINRA’s New 2026 Annual Priorities Target GenAI
On December 9, 2025, FINRA released its 2026 Annual Regulatory Oversight Report, a forward-looking document that identifies some of FINRA’s regulatory priorities for 2026 (the “Report”). For 2026, FINRA introduced a new priority of Generative Artificial Intelligence (“GenAI”). In addition, FINRA provided an update on manipulative trading in...
FINRA’s New 2026 Annual Priorities Target GenAI Continue reading…Moloney Securities Co., Inc. Closes Its Doors After GWG Holdings, Inc. L-Bond Fallout
On December 9, 2025, after years of facing significant scrutiny over the sale of high-risk GWG Holdings, Inc. (“GWG”) corporate bonds (“L-Bonds”) from investors, state regulators, federal agencies, and self-regulatory organizations, Moloney Securities Co., Inc. (“Moloney Securities”) ceased doing business. Before shutting its doors, Moloney Securities had over...
Moloney Securities Co., Inc. Closes Its Doors After GWG Holdings, Inc. L-Bond Fallout Continue reading…Osaic Wealth, Inc.’s $3 Million Bill For Securities America, Inc.’s $3.8 Billion In Sales Of Class A Mutual Funds To Public Investors Without Proper Supervisory Systems In Place
On December 1, 2025, FINRA accepted a Letter of Acceptance, Waiver, and Consent (“AWC”) from Osaic Wealth, Inc. (“Osaic”) related to the sale of Class A mutual funds. According to the filings, during a routine regulatory examination, FINRA discovered that from January 2018 to June 2024, Osaic’s predecessor, Securities America, Inc., generated...