Ralph Oelbermann (CRD# 1962900) an investment advisor and broker from Palm Beach Gardens, Florida, was fined $110,000 by state regulators and barred by the Florida Office of Financial Regulation (OFR) from working in Florida's financial industry. Oelbermann was previously registered at LPL Financial and J.W. Cole Financial, both of Palm Beach Gardens. It was reported […]

On March 24th., 2014, LPL Financial was fined $950,000 for supervisory failures in the sales of alternate investments by the Financial Industry Regulatory Authority (FINRA). The deficiency in supervision is related to oil and gas partnerships, non-traded REITS, hedge funds, to name a few, and other illiquid investments. This fine is the latest in a […]