Chris Burns of Dynamic Money has disappeared, along with more than $78,000. He disappeared on September 24, the day before he was due to turn over papers related to an SEC investigation into his business, Dynamic Money. Dynamic Money offers financial advice through registered brokerage firm Investus Advisory, LLC. Chris Burns provided financial advice on…

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Online, zero-fee brokerages have skyrocketed in popularity as traders have moved away from the traditional fee- and commission-based models of investing. Robinhood made headlines in the past few years, developing a reputation as the popular new trading app for Millennials. As Robinhood’s success grew, other financial services firms started offering more online, zero-fee brokerage services…

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Matthew Clason (CRD #: 4692266), a previously registered investment adviser and previously registered broker, is the subject of an SEC emergency action. The action alleges that Mr. Clason stole hundreds of thousands from one of his clients and that unless enjoined, Clason will continue to access the money in their shared bank account, according to…

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The Securities and Exchange Commission (SEC) has charged former LPL Financial broker Kerry Hoffman (CRD#: 1061740) with securities fraud. He allegedly sold unregistered securities of GT Media, Inc. according to the SEC’s press release and his BrokerCheck record accessed on September 5, 2019. On July 1, 2019, the SEC charged Kerry Hoffman with securities fraud,…

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