FINRA Expels Firm for Bilking NFL, NBA Players
The online broker-dealer Success Trade, which targeted pro athletes, and its CEO were also ordered to pay $13.7 million in restitution.
SEC, FINRA Enforcement: Advisor to NFL, NBA Players Barred Amid Fraud Case
FINRA banned a former advisor to athletes, like Brandon Knight of the Detroit Pistons, after he skipped a hearing in an $18 million fraud case.
Firm Accused of Bilking NFL, NBA Players
FINRA said Thursday that it had levied a temporary cease-and-desist order against Success Trade Securities and its CEO for fraud involving 58 investors, many of them current or former NFL and NBA players.