Tag: William F. Galvin
R.I. man charged with defrauding investors in Ponzi scheme
PROVIDENCE – David Wagner of East Greenwich and Downing Partners LLC and its subsidiaries have been charged with defrauding investors out of millions of dollars.
Separate...
Massachusetts forms Fintech Advisory Group
PROVIDENCE – Mass. Secretary of the Commonwealth William F. Galvin’s office has formed the Fintech Advisory Group to support and receive advice from so-called...
R.I. investment adviser accused of breaching fiduciary duty
PROVIDENCE – A Rhode Island investment adviser is in trouble with authorities in Massachusetts for a transaction that allegedly cost a couple nearly $60,000.
The...
Galvin reaches $1 million settlement with MetLife for Mass. pensioners
PROVIDENCE – Insurance giant MetLife Inc. has agreed to pay $1 million and other costs to settle allegations that the company wrongly designated hundreds...
Galvin announces ‘landmark settlement’ with coin offering issuer AirFox
PROVIDENCE – Mass. Secretary of the Commonwealth William F. Galvin has reached a “landmark settlement” with Boston-based initial coin offering issuer AirFox.
AirFox agreed to...
Investment firm agrees to fine and censure over sales of real...
PROVIDENCE – An investment firm owned by Boston-based LPL Financial LLC has agreed with Massachusetts securities regulators to pay a $50,000 fine for its...
Mass. securities broker fined $15K, banned after losing client’s money
PROVIDENCE – Robert S. Graham, a securities broker-dealer, has been fined $15,000 and permanently barred from registering in Massachusetts, according to a recent consent...
Groups, officials weigh in on SEC-proposed standard of conduct for broker-dealers
PROVIDENCE – Numerous groups and officials weighed in last week on the U.S. Securities and Exchange Commission’s Regulation Best Interest proposal that sets a...
Easton investment adviser charged with misleading customers
PROVIDENCE – Investment adviser Alan P. Siegel of Easton in Bristol County, Mass., has been charged with spreading false information on his website to...
Galvin charges MetLife with fraud over failed pension payments
PROVIDENCE – Mass. Secretary of the Commonwealth William F. Galvin filed a complaint Monday charging financial-services giant MetLife Inc. with failing to make payments to hundreds...
