A federal judge in February made the recommendation to deny Stifel’s motion to vacate.
2025 was a boffo year for advisor moves and recruiting, according to a new report from Diamond Consultants.
Alternative trading systems and crypto are of particular interest to Fidelity.
In 2019, the SEC claimed Commonwealth had breached its fiduciary duty by failing to tell its clients that they could have invested in less expensive share classes of funds.
Financial advisors’ sales of nontraded BDCs, which invest in private credit, have tanked in the past couple of months.
Roger Roemmich worked at Dempsey Lord Smith from 2016 to 2020, moved to Alexander Capital, and then resigned last year.
FINRA enforcement actions spiked in the years after the 2008 credit crisis but have fallen steadily over the past decade.
Democrats are asking whether the Attorney General properly recused herself from cases involving clients of her brother, Brad Bondi.
Emerson Equity “was substantively involved” with Inspired Healthcare and the operation of its business and fundraising, according to a court filing.
Investors are looking to exit high-yield, illiquid or nontraded BDCs through a process called redemption, or selling shares back to the fund company.
