Regulatory Enforcement; Municipal Finance; Political Money Pay to Play, Unsupervised How Stephens Inc. Let a Shadow Process Funnel Political Cash Into Municipal Markets for Nearly Four Years Unchecked Published by EvilCorporations.com | Source: FINRA AWC No. 2022075470401, Accepted August 12,…
Wall Street Misconduct Stifel Data Hid The Truth From Us EvilCorporations.com Investigative Desk | Source: FINRA AWC No. 2022073415101 TL;DR Stifel, Nicolaus & Company published 16 consecutive quarters of legally-required transparency reports that were inaccurate or outright incomplete, covering January…
Goldman Sachs: The $96 Million Conflict of Interest Goldman Sachs steered $96 million (enough to pay off roughly 640 average American student loan balances) of investor money to its own affiliate — then let unregistered bankers run the deal anyway.…
Investigations • Wall Street • Public Finance Five Years of Looking Away Wells Fargo quietly ignored its legal duty to protect public money for over five years. The penalty: $275,000 (roughly the cost of five median American salaries), a number…
Regulatory Enforcement • Wall Street Accountability • FINRA AWC No. 2021069274901 T3 Trading Group’s Five-Year Blackout A New York day-trading firm kept its customers in the dark for 21 consecutive quarters. Here’s what they buried, and why it matters to…
FINRA Enforcement Action • Wall Street Accountability The 96 Days at D. Boral Capital A New York brokerage operated broke — over and over again — while no one in charge wrote a single rule to stop it. Published August…
TL;DR Odeon Capital Group, a New York City broker-dealer, ran a supervisory system so broken it missed at least 138 instances of potentially manipulative prearranged trading spanning years. The firm sent 717 trade confirmations to regular (non-institutional) customers between December…
Financial Misconduct Investigation Five Years. 710 Grand. Your Money. EvilCorporations.com Investigative Desk | Source: FINRA Acceptance, Waiver, and Consent | Signed August 14, 2025 TL;DR From August 2019 to July 2024, PFS Investments (a Primerica company) ran a system so…
Investigation: Financial Misconduct • PNC Investments LLC • FINRA Enforcement PNC Let Brokers Churn Annuities Undetected for Years. The Fine? $200,000. For at least three years, PNC Investments ran 1,500 branch offices and 1,200 registered representatives without any real system…
TL;DR Susquehanna Financial Group, a Wall Street trading firm based in Bala Cynwyd, Pennsylvania, filed ~74,000 corrupted trade reports into the bond market’s public transparency database over more than two years. The firm left out a required data tag called…