Anthony Diaz, under federal indictment for fraudulent sales of alternatives, embodies the criticisms of the likes of Sen. Elizabeth Warren.
Latest lawsuit alleges widespread misuse of investor funds abetted by the brokerage firm.
How can those suing to quash the DOL rule, like SIFMA CEO Ken Bentsen Jr., claim to also support its premise?
CEO Ron Kruszewski says margins were lower in the wealth management group because of its recent acquisition's independent advisers.
Ryan Parker joins RIA in the latest of many executive departures from LPL in the past few years.
Records of thousands of clients were exposed to foreign hackers, regulator claims.
Recent 'Last Week Tonight' segment is just one example of the growing awareness of this issue.
Plus: Soros fights Brexit with scare tactics, what the Queen thinks about the Brexit vote, the smart-beta evolution, and alternative retirement lifestyles
Sweep reminds broker-dealers they're going to be held accountable for hiring brokers who prove not fit to work in the industry.
Pershing COO says B-Ds are caught in a vise and need help with easing internal expenses.
The DOL fiduciary rule will forever change financial advice, and the industry now faces the challenge of adapting to the new regulation.
The mergers we may see as a by-product of the DOL rule are likely to be trickier — and more permanent — affiliations, and advisers will need to do their homework.
Advisers choosing models with the most support forgo up to 25% of profits.
If the industry was really serious about getting rid of rogue brokers, it would do more both individually and through Finra.
In the wake of Raymond James' $17M fine, it's time advisers take regulators' focus on this issue seriously, as rules are only going to get stricter.
The Jenkintown, Pa., based unit collected about $7 million in annual fees and commissions under its former employer
Many advisers dissatisfied with their current broker-dealer and anxious about how well they are positioned in a post-DOL landscape are still hesitant to make a move.
Claims institutional investors are committed to the independent broker-dealer business.
State claims former broker overloaded his clients with energy stocks.
The four large brokerages have emerged among the least affected by the heaviest regulation to hit the financial advice market in decades. <i><b>(More: <a href="//www.investmentnews.com/section/fiduciary-focus"" target=""_blank"" rel="noopener">The DOL fiduciary rule covered from every angle</a>)</b></i>
