Failure to supervise



MML Investor Services will pay $4.75 million to settle claims that it failed to supervise an employee who played a pivotal roll in the meme ...

Firm charged for failure to adopt P&Ps to prevent violations in areas of "high risk" advisers heightened supervision and more

The Compliance Officer recommended to Horter that the rep be fired for effectively failing Horter Investment’s due diligence process. Horter rejected the Compliance Officer’s advice

Frontier Wealth's reps failed to reasonably assess whether investments in a complex product were suitable for clients

Instead of monitoring compliance with Integral’s customer-specific suitability WSPs, Ho merely directed the Integral RRs to have the Customers sign the firm’s standard risk disclosure ...

Another HJS RR recommended the purchase of over $49,000 in VRSPs to an 87-year-old customer with a moderate risk tolerance, an investment objective of income, ...

Hilltop failed reasonably to supervise the municipal securities activities of its registered representative to ensure compliance with MSRB rules and the federal securities laws. As ...

Reps made buy recommendations for inverse ETFs without regard for suitability

Proceeding in contravention of your own WSPs can prove costly