Finra Suspends Ex-Morgan Stanley Advisor for Allegedly Inflating Client Assets –

Apr 23, 2022

Finra has penalized a former Morgan Stanley advisor for allegedly inflating clients’ net worth in order to circumvent the firm’s rules about how much of a client’s portfolios can go into non-investment-grade fixed-income securities.

  1. Finra Suspends Ex-Morgan Stanley Advisor for Allegedly Inflating Client Assets  Barron’s
  2. Finra Raps Ex-Morgan Stanley Broker for Circumventing Sales Limits  AdvisorHub
  3. Ex-Morgan Stanley Rep Inflated Clients’ Net Worth, FINRA Says  ThinkAdvisor
  4. FINRA Settles Enforcement Proceeding Against Firm’s AML Compliance Officer for Alleged Failure to Implement AML Program  Lexology
  5. Ex-Morgan Stanley FA Suspended Over Client’s Inflated Net Worth  Financial Advisor IQ

View Source at Barron’s
Author: Andrew Welsch

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FINRA News and Information compiled by Costello Law Group. See source for the full story.

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