vimarsana.com

பெஞ்சமின் எட்வர்ட்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Rental gardens | House & Garden

Rental gardens | House & Garden
houseandgarden.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from houseandgarden.co.uk Daily Mail and Mail on Sunday newspapers.

Advisor James Patrick O Connell allegedly made unsuitable recommendations

June 23 O’Connell told the office of the Secretary of the Commonwealth of Massachusetts that he decided to remain unregistered because “it was too expensive to stay registered for just seven clients,” according to the court documents. When a 69-year-old client decided to sell their house and buy a condo, O’Connell recommended taking out a 30-year variable interest rate mortgage on the new property and investing the house-sale proceeds with him. “If they do not accelerate payments, Client 1 will be a few months shy of 100 years old at the time the mortgage is paid,” Galvin’s office writes in court documents. “O’Connell’s recommendation… constitutes unethical and deceptive practices under Massachusetts law given the client’s age and investment profile.”

NEXT Financial Group settles FINRA charges of supervisory failures for $750K

REGISTER NOW A Houston, Texas-based midsize independent broker-dealer will pay $750,000 to settle a FINRA case for alleged systemic supervisory failures relating to excessive trading and variable annuities, according to the signed agreement. The firm, NEXT Financial Group, was also censured and required to retain an independent consultant. Atria Wealth Solutions, which acquired NEXT in June 2019, said NEXT has already enhanced its controls and remains focused on effective compliance practices that protect its advisors and their clients, according to a statement. By settling, NEXT agrees to FINRA’s conditions without admitting or denying the findings. From January 2012 through February 2019, NEXT allegedly failed to establish, maintain and enforce a supervisory system, including written supervisory procedures, reasonably designed to detect and prevent unsuitable short-term trading of mutual funds and municipal bonds in customer accounts and over-concentration of customer accoun

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.