Dr. Phillip Frost was among 10 individuals named in a lawsuit for participating in long-running schemes that generated over $27 million from unlawful stock sales and left investors holding virtually worthless stock, the SEC claims.
LPL bought SII last year as part of its National Planning Holdings purchase.
In a primary race that turned ugly in the final weeks, the state's secretary of the commonwealth handily defeated his challenger.
Broker accepts eight-month suspension and $10,000 fine after he prepared a 'script' with false information for 72-year-old woman.
Commonwealth and JPMorgan reevaluate use of commissions in retirement accounts.
Lincoln Investment Planning overcharged certain clients for 7 1/2 years.
Munish Sood attempted to win the business of student-athletes with bribes.
The two were part of four teams signed by Stratos Wealth Network.
The broker-dealer, which has seen an exodus of brokers in the last couple of years, lost six more experienced advisers last week.
SEC says that Transamerica units failed to inform investors that certain investment models were flawed and did not work as planned.
