A group of investors claimed that the bank’s investment recommendations, made through one of its brokers, were in breach of its fiduciary duty to clients and a violation of FINRA’s suitability rules. Additionally a failure to supervise and fraud were also alleged.
According to the claimant investors the
Free Trial
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day