BROWSE BY TOPIC
- Bad Brokers
- Compliance Concepts
- Investor Protection
- Investments - Unsuitable
- Investments - Strategies
- Investments - Private
- Features/Scandals
- Companies
- Technology/Internet
- Rules & Regulations
- Crimes
- Investments
- Bad Advisors
- Boiler Rooms
- Hirings/Transitions
- Terminations/Cost Cutting
- Regulators
- Wall Street News
- General News
- Donald Trump & Co.
- Lawsuits/Arbitrations
- Regulatory Sanctions
- Big Banks
- People
TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
FOLLOW US
‘Ask and Check’ Before Investing
On Monday, the SEC announced an emergency asset freeze and temporary restraining order against Daniel Glick, a Chicago-based investment adviser, and his unregistered company, Financial Management Strategies (FMS). 'Glick & Co.' are charged with scamming elderly investors out of millions and covering up the fraud with false account statements. [Click SEC PressRelease, 3/28/17]
Unbeknownst to the investors, Glick had been barred by FINRA in 2014, and he had his CFP (Certified Financial Planner) designation and CPA license revoked for conduct unrelated to Monday’s SEC charges.
Which, once again, prompts the SEC to encourage investors to check the background of anyone offering to sell them investments. Here's where they and you can search:
Investment Advisers and Broker/Dealer
- SEC Investment Adviser Public Disclosure (IAPD)
- FINRA BrokerCheck
- FINRA Professional Designations Database
- NASAA State Securities Regulators
- SIPC List of Members
Securities
- EDGAR (Electronic Data Gathering, Analysis and Retrieval)
Commodities/Futures
- NFA Background Affiliation Status Information Center (BASIC)
- CFTC Disciplinary History
- CFTC SmartCheck
Municipal Bonds
Related Stories: Compliance Concepts
-
An ‘Imprecise’ WSPs Manual Leads to Registration Problems
September 23, 2020 -
A Broker Snuffs Out a Merrill Lynch Career
August 28, 2020 -
A Broker's Impatience and Need for Instantaneous Gratification
July 23, 2020