Financial regulators have filed charges against two former executives of Synapse Brokerage, alleging their failures led to over $100 million in customer funds being frozen and inaccessible for months. The Financial Industry Regulatory Authority (FINRA) charged Jeffrey Stanley, the firm's former CEO, with failing to properly supervise a cash management program that ultimately left millions of customers unable to access their money. Mark Paverman, the former chief compliance officer, faces char...
