SEC and FINRA hit UBS with Combined $34 Million Fine

By Tom Costello of Costello Law Group The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) fined UBS Wealth Management for claims related to the offer and sale of the Puerto Rico bond fund. The SEC’s fine totaled $15 million. The money will go into a fund for the […]

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Raymond James Broker Allegedly Attempts to Swindle $1.8 million from Client’s Estate

By Tom Costello of Costello Law Group posted in Securities on Tuesday, October 6, 2015. FINRA has filed a complaint against a former UBS and Morgan Stanley financial advisor named John Waszolek. The basis of the complaint is FINRA’s belief that Waszolek took advantage of an elderly client, with an Alzheimer’s diagnosis, by having the client […]

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