Agency claims Jay Costa Kelter used clients' money 'as own personal piggy bank.'
The chief economic adviser at Allianz would hold the second highest position at the Fed, potentially behind chairman nominee Jerome Powell.
Kevin J. McDermott and John G. Kane set up own firm in West Chester, Penn.
Firm's anti-money-laundering unit failed to file timely Suspicious Activity Reports, regulator says.
Whistleblowers cited in Times article say the pension giant pressured reps to push expensive managed accounts.
Rep ordered to pay $245,000 in fines and restitution; Legend Securities fined $200,000.
Firm failed to set up systems and adequately supervise representatives, regulator says.
Finra says Sandy Galuppo submitted improper reimbursement requests.
New home uses Raymond James bank unit as broker-dealer and RIA.
Strategic Partners of Kansas oversees 38 advisers.
