Failure to supervise

compliance staff failed to create P&Ps to ensure that reps were being monitored when placing clients in inverse ETFs

Wells Fargo was previously sanctioned by FINRA for similar conduct occurring prior to July 2009

More than 2,000 transactions did not contain any provisions to satisfy the Pre-Release Obligations

The portolio manager managed the Fund differently from what was represented to investors and their advisers

An investment adviser/broker-dealer has agreed to pay state authorities $250,000 to settle claims that it failed to supervise a rogue broker/investment adviser, authorities have announced. ...

Jefferies was responsible for supervising its securities lending desk personnel .... failed reasonably to fulfill such supervisory responsibilities

Supervision failures connected to 529 share-class recommendations charged

Respondent failed to reasonably supervise Jeremy Joseph Drake (“Drake”), formerly an investment adviser representative of HCR, and failed to implement reasonable compliance-related policies and procedures ...

For nearly three years, Merrill Lynch failed to produce reliable audit trail data requested by Enforcement

LWA’s compliance policies and procedures manual required investment adviser representatives to pre-clear and obtain written pre-approval before buying or selling most securities, such as ...