Former UBS broker Frederick Maximillian Kort is facing allegations of making unsuitable investment recommendations to his customer and not fully disclosing the risks involved. Having been fired from UBS in 2018, Kort remains registered as an investment advisor with IHT Wealth Management, however, BrokerCheck records …
UBS Stockbroker Under Fire For Yield Enhancement Strategy (YES) Sales Read More »
Recently, an unauthorized trading FINRA arbitration claim was made by an investor, who is now seeking damages in six figures from David Hirons at Wedbush securities. FINRA is the primary regulator for brokers and broker-dealer that helps investors resolve disputes and financial problems through arbitration …
David Hirons of Wedbush Securities Accused of Making Unauthorized Trades Read More »
First Western Capital Management (FWCM) has been fined $200k by the US Securities and Exchange Commission for recommending investments to clients for seven years. The company is said to have invested over $666 million of clients’ money into securities they did not qualify for or …
Metropolitan Life Insurance Company (MetLife) is the largest life insurer in the U.S and a leader in the financial service market for many years. MetLife has more than $2 trillion of life insurance and is a leader in savings and retirement products and services. The …
Towards the end of June, GPB Capital Holdings had bad news to report: more changes in management and financial oversight that will cause people to ask even more questions about the besieged alternative asset manager, and a year and a half drop of regulatory assets …
Nearly $200 Million Drop Reported by GPB Capital in AUM Read More »