Finra says Bear Stearns' flawed system led to securities segregation issues
John James informed the regulator that he would not give testimony during its investigation into Merrill's allegations.
SEC and Finra say firm failed to implement reasonable anti-money laundering procedures.
Regulator said firm's review system was 'flawed in significant respects.'
RIA firm based in Evansville, Ind., has 13 employees.
Investor alert advises wariness over too-good-to-be-true stock stories.
Regulator says Ronald Fossum Jr. misappropriated assets and lied to investors.
Up to 30,000 people may not have received payments from insurer.
Warren, Pa.-based bank has 24 advisers in 164 offices in New York, Pennsylvania, Ohio.
Regulator said non-standard trades led to firm miscalculating net capital.
