Investigation: Puente Servicios Financieros 1,379 Secrets: Puente Financial Caught Hiding Fees From Customers TL;DR The Corporation: Puente Servicios Financieros LLC, a Miami-based securities firm. The Violation: For nearly three years (Aug 2021 – May 2024), the firm failed to disclose…
Supreme Negligence: How Supreme Alliance Ignored The Rules And Put Your Money At Risk TL;DR The Facts: From September 2019 to May 2022, Supreme Alliance LLC operated without adequate systems to protect its clients, leading to an $80,000 fine from…
FINRA Enforcement • AWC No. 2022073302501 How Canaccord Genuity “Outsourced” Its Ethics For nearly nine years, a Wall Street broker-dealer handed its legal duty to watch its own brokers to an affiliate, kept no written records of branch inspections, and…
CIBC’s 1.4 Million Failures: Six Years of Calculated Blindness TL;DR The Facts: For over six years, from April 2019 to September 2025, CIBC World Markets Corp. failed to report or incorrectly reported massive over-the-counter (OTC) options positions to regulators. The…
The $150,000 Slap on the Wrist for Interactive Brokers TL;DR The Misconduct: For over four years, from December 2017 to March 2022, brokerage firm Interactive Brokers knowingly provided incomplete and delayed market data to its retail customers—the ones who weren’t…
Blinding The Masses TL;DR The Company: Avenue Securities LLC, a Miami-based firm targeting Brazilian residents for investment in U.S. markets. The Scheme: Between April 2022 and October 2024, the firm sent approximately 21,000 transaction confirmations to its retail customers with…
Systematic Forgery: Synovus Securities Fined Just $315,000 For Over 650 Falsified Documents TL;DR Broker-dealer Synovus Securities, Inc. was sanctioned by FINRA for a massive breakdown in supervision that enabled widespread forgery. From January 2022 to September 2025, the firm’s employees…
FINRA Enforcement • August 2025 • Cincinnati, Ohio Who Pays When Navian Capital Securities Cheats the Data? Everyday Normies. TL;DR Navian Capital Securities LLC, a Cincinnati-based broker-dealer, botched or buried 2,058 trade reports over two full years, from August 2022…
Financial Misconduct J.P. Morgan’s IPO Blind Spot For Four Years, the World’s Most Powerful Bank Left Institutional Investors Flying Blind Before Buying Into New Companies Published: August 26, 2025 | Source: FINRA AWC No. 2021072799801 EvilCorporations.com Investigative Desk TL;DR J.P.…
TL;DR From November 2019 to December 2024, online broker Interactive Brokers used a flawed automated system to approve customers for high-risk options trading. The system failed to perform basic due diligence, rubber-stamping accounts even when customers provided wildly inconsistent information…