Agency says Edward Moody Jr. has already pleaded guilty to one count of mail fraud.
Younger, less educated and less affluent have trouble saving and understanding finances.
Former SEC enforcement attorney will fill Democratic seat vacated by Kara Stein.
Massachusetts securities cop sees uptick in marijuana-related fraud cases.
Cerulli report finds that affluent clients like the idea, but only about a third do it.
RIA based in Costa Mesa, Calif., brings firm's AUM to $16 billion.
Four who also advise on $385 million in institutional assets set up shop in Dallas, Texas.
Reps join offices in California, Michigan and Pennsylvania.
Kyung Soo Kim, no longer employed in industry, also suspended for one month.
Nina Jessee was being investigated for complaints about alternative investments and outside business activity.
