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STATE REGULATORS CHARGE SECURITIES AMERICA WITH IMPROPER SALE OF MEDICAL CAPITAL NOTES
Massachusetts State Regulators on Tuesday charged Securities America with selling $697 million of unregistered notes to customers without disclosing the risks. Securities America, which is ...
Read moreMEDICAL CAPITAL PRESIDENT DEFENDS NEW FRAUD ALLEGATIONS
Federal regulators are still figuring out exactly what happened leading up to the collapse of Medical Capital Holdings. In August 2009 the SEC charged ...
Read moreFIRST ALLIED SECURITIES PAY SEC $2M FOR FAILING TO SUPERVISE BROKER
First Allied Securities was warned as early as 2006 that their broker, Harold H. Jaschke, appeared to be churning his customer's accounts, according to ...
Read moreMassachusetts Recovers Over $11 Million for Victims of Unsuitable REIT Sales
The Financial Regulator for the Commonwealth of Massachusetts recently announced a settlement with five brokerage firms--Ameriprise Financial Services, Commonwealth Financial Services, Lincoln Financial Advisors, ...
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