The Financial Industry Regulatory Authority (“FINRA”) recently imposed a $10 million fine on LPL Financial LLC, the largest independent broker-dealer in the United States. FINRA sanctioned LPL Financial as a consequence of the company’s numerous supervisory failures. The underlying supervisory deficiencies accompanied the sale of non-traditional ETF variable annuities, non-traded REITs, and other complex products.…
Posts Categorized: Tefteller Law
Overturned 18-Wheeler Trapped Man on IH-35
Wednesday morning around 6 AM found northbound IH-35 in Austin more congested than usual as a crash caused an 18-wheeler to overturn. The co-driver of the commercial truck was trapped inside and had to be free by emergency personnel. Three people were reported involved in the wreck with no major injuries. TxDOT indicated that the…
Tefteller Law Firm Receives High Martindale-Hubbell Peer Review Ratings
According to a recent study by Forrester Research, more than 90 percent of consumers trust peer recommendations over any other form of advertisement, and representatives at Tefteller Law Firm say they are proud to announce that Martindale-Hubbell Peer Review has given the firm its stamp of approval. “We’re so excited about the high ratings that…
Train in Cotulla slammed 18-wheeler
On Monday, October 28 2013, in Cotulla, Texas, an 18-wheeler big rig was hit by a train in the morning. The accident occurred before the noon lunch hour at Highway 97 and Front Street. Fortunately, no serious injuries were reported.