David Austin took $144,000 from three customers for his personal use
Team joins employee unit of hometown firm in St. Petersburg, Fla.
Finra says the Advisor Group unit failed to supervise early rollovers of unit investment trusts
The plan is designed to prevent financial disruption if an adviser dies or makes some other unexpected exit from the business
Tamara Steele and her Indianapolis-based firm, Steele Financial, agreed to disgorgement of $845,760 and a $75,000 civil penalty
The Springfield, Ill., employee brokers are affiliating through the Private Advisor Group, one of LPL's largest OSJs
The financial services firm sold its OppenheimerFunds business a couple of years ago
Some in the industry are questioning whether it's appropriate for advisers to accept these forgivable loans
The SEC case alleged the firm and its founder knew, but didn’t tell, about misrepresentations of fund performance
The trio of advisers operates as PDX Wealth Management in Lake Oswego, Ore.
