🌱 SEC Fines Raymond James + Williamson Has Lowest Unemployment Rate

Hello again, friends! It's Saturday in Franklin and I'm back in your inbox with everything that's fit to print about what's happening in our community.

But first, today's weather:

Some sun with a shower. High: 83 Low: 64.

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Here are the top three stories today in Franklin:

1. According to an SEC report, Franklin's Raymond James has been fined $500,000 for failing to supervise a former registered representative and broker. The fine is related to Franklin's Frederick M. Stow's misappropriation of $901,500 from one of his clients, a World War II veteran. According to the SEC, James failed to develop policies and procedures that would reasonably supervise staff. (ThinkAdvisor)
2. According to the Tennessee Department of Labor and Workforce Development, Williamson County had the lowest unemployment rate in the state last month. The county posted a 2.3 percent unemployment rate. The rate declined from its 2.6 percent in July. All of the state's counties posted lower unemployment rates in Aug. compared to their July rates. (WSHRadio.com)
3. The Williamson County Sherriff's Department reports that its deputies have seized eleven pounds of high-grade marijuana during a traffic stop. The two individuals driving the vehicle had Mexican passports and did not speak English. According to the department, the individuals were traveling from Modesto, CA to Chattanooga, TN. The department is reminding the community that marijuana is still illegal in Tennessee. (WKRN)

Today in Franklin:

• Pilgrimage Festival At The Park at Harlinsdale Farm (All Day)
• Read with Zeus At Williamson County Public Library (10:30 AM)

From my notebook:

• The City of Franklin reports that staff has inspected Franklin Road's new sidewalk between Harpeth bridge and Liberty Pike. It is ready for this weekend's Pilgrimage Music Festival. (City of Franklin, TN - Municipal Government via Facebook)
• Ever wonder what life looked like in Franklin in the 1940s? The City of Franklin shares rare footage of downtown Franklin in 1942. (City of Franklin, TN - Municipal Government via Facebook)
• Did you miss Thursday's Planning Commission meeting? No worries, it was recorded. Visit Facebook to watch the full meeting. (City of Franklin, TN - Municipal Government via Facebook)

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That's it for today! See you Monday for another update.

— Danielle Fallon-O'Leary

About me: Danielle Fallon-O’Leary is a senior writer with content creation agency Lightning Media Partners and assists Patch.com with community newsletter curation. Danielle also holds a Master’s Degree in Communication Sciences and Disorders and works part-time as a pediatric speech therapist.