Financial Misconduct • FINRA Enforcement • AWC No. 2022076764101 How FTP Securities Bought Its Way Out of a Scandal for Just $35,000 EvilCorporations.com • FINRA AWC No. 2022076764101 • 7 min read TL;DR FTP Securities LLC, a fintech-focused Wall Street…
Financial Misconduct Investigation How Did Hefren-Tillotson Justify $557K in Useless Junk Fees? EvilCorporations.com • FINRA AWC No. 2022075391301 • 16 min read TL;DR From June 30, 2020 through September 29, 2022, Pittsburgh-based wealth management firm Hefren-Tillotson had its registered representatives…
Corporate Negligence Case Study: United First Partners & Its Impact on Market Integrity TL;DR: From 2019 to 2022, financial firm United First Partners (UFP) operated with a stunning disregard for fundamental market rules. The firm allowed its research analysts and…
FINRA Enforcement Action • AWC No. 2023077024501 The Open Door for Dirty Money EvilCorporations.com • FINRA AWC No. 2023077024501, Accepted March 11, 2025 • 13 min read TL;DR Sanctuary Securities, a broker-dealer based in Indianapolis with 80 branch offices and…
Financial Misconduct Investigation Blind Eye, Open Door: How Redbridge Securities Let Market Manipulators Walk Free for Four Years EvilCorporations.com • FINRA AWC No. 2020068737101 • 17 min read TL;DR Redbridge Securities LLC, a retail trading platform based in Plano, Texas,…
EvilCorporations.com • AWC No. 2022076268801 • 6 min read 145,898 Violations. $65,000 Fine. Less Than $0.45 Each. Tradeweb Direct spent nine months hiding a data field that tells the public whether a bond trade included dealer profit. FINRA’s punishment works…
Financial Misconduct • FINRA Enforcement $50,000 Fine. $29 Million in Violations. The Math on Wall Street’s Wrist Slap. For eight months, Curvature Securities miscalculated the reserve fund legally required to protect its customers’ money. The error totaled more than $29…
FINRA Enforcement Action • AWC No. 2023077057701 Stonecrest Capital:$45K Fine for a Whole Year of Inaccurate Reporting EvilCorporations.com • FINRA AWC No. 2023077057701 | Austin, TX • 12 min read TL;DR Stonecrest Capital Markets, Inc., a FINRA-regulated brokerage in Austin,…
EvilCorporations.com • AWC No. 2021070253901 | FINRA vs. Fidelity Brokerage Services LLC • 11 min read How Did Fidelity Miss Eight Years of Fraud in Its Own System? One of America’s largest brokerages gave an employee free rein over thousands…
EvilCorporations.com • FINRA AWC No. 2019061777501 • 6 min read UBS Hid 4.4 Million Trades From Regulators For Six Years The firm that claims to protect your wealth spent nearly six years feeding the government false data about millions of…