In April, 2013, FINRA filed a complaint against broker David Mickelson, alleging that he established and operated the Micro Pipe Fund. Mickelson owned Micro Pipe Capital Management, LLC, and Mickelson Investment Management, LLC, which managed the fund. FINRA alleges that David Mickelson solicited investments in the fund and was in violation of FINRA rules which […]

The FBI is investigating two former Edward Jones brokers based in South Dakota for their role in a “selling-away” case that involved raising money from clients who invested in an alleged Ponzi scheme writes Bruce Kelly in a September 28, 2011, article in InvestmentNews.com. Kelly writes that according to Jones, a client brought the matter […]