The four Advisor Group firms sold investors GPB private placements but failed to tell them that GPB hadn't made required filings, including audited financial statements.
The Finra penalty included a fine of $200,000 and restitution to clients of $498,000 plus interest.
Meanwhile, LPL is launching an effort to pursue wealthier clients.
The firm is introducing an effort to buy minority stakes in the financial advisory firms that use its brokerage and RIA services.
G&P Acquisition Corp.'s announcement that it will liquidate and redeem its shares because of its inability to launch comes after the NYSE said earlier this month that it was delisting the company's warrants.
The Lightstone REITs are asking shareholders to strip away their own rights without any clear plan to liquidity or upside, critics say.
Amy Webber, CEO of Cambridge Investment Research Inc., won the Alexandra Armstrong Lifetime Achievement Award, while Mary Beth Franklin took home the Trailblazer Award.
According to several news websites, Jennifer Campbell had worked at Pratt Collard Buck Advisory Group, a firm in Buffalo, New York, that closed at the end of last year.
Over the past 12 months, the company's shares have fallen from a high of $10.55 to Monday's price of $1.03.
Martin A. Ruiz took $8 million of client money and spent the vast majority of the funds on personal expenses.
