On August 10, 2017, the Financial Industry Regulatory Authority Inc. (FINRA) announced that it has fined FSC Securities Corp., $100,000 and ordered a $492,000 payment to clients for FSC's alleged failure to reasonably supervise leveraged ETFs from January of 2009 through September of 2014. FSC Securities Corp, is one of the Advisor Group’s broker/dealers.  Several […]

The Financial Industry Regulatory Authority (FINRA) announced that it has fined Berthel Fisher & Company Financial Services, Inc. and its affiliate, Securities Management & Research, Inc., of Marion, Iowa, a combined total of $775,000. This fine was for supervisory deficiencies, which included Berthel Fisher's failure to supervise the sale of non-traded real estate investment trusts […]

On December 5th., 2013, the Financial Industry Regulatory Authority (FINRA) ordered Atlanta-based broker-dealer J.P. Turner & Company, L.L.C. to pay $707,559 in restitution to 84 customers for sales of unsuitable leveraged and inverse exchange-traded funds (ETFs) and for excessive mutual fund switches. Investors should be made aware by their brokers that they could possibly suffer […]

On December 5th., 2013, the Financial Industry Regulatory Authority (FINRA) ordered Atlanta-based broker-dealer J.P. Turner & Company, L.L.C. to pay $707,559 in restitution to 84 customers for sales of unsuitable leveraged and inverse exchange-traded funds (ETFs) and for excessive mutual fund switches. Investors should be made aware by their brokers that they could possibly suffer […]