Sandlapper Securities used a development company that acted as a middleman to rip off investors in saltwater disposal wells, according to the regulator.
SEC obtains default judgment on reckless trading of leveraged ETFs and ETNs, theft from unsophisticated investors.
Katy Knox named president, replacing Keith Banks, who will become vice chairman of the global wealth and investment management unit.
A vow of silence on money issues negatively impacts our relationships and contributes to the financial literacy crisis.
High earners could take advantage of a measure meant to help business owners, straining the IRS.
Recommendations to roll over retirement-plan assets, to transfer IRAs and advice generating additional payments like 12b-1 fees are trouble areas for RIA firms.
Leonard Vincent Lombardo, who has been barred from the securities industry by Finra for about 20 years, allegedly defrauded 100 investors.
New York adviser now living in Egypt, and his operations manager, allegedly bilked seven clients of $378,000.
Thomas Melohn joined the firm from Morgan Stanley and Joseph Caselle joined from Merrill Lynch.
The financial effects of having children can last for the rest of your life, according to a new study.
Agency forecasts it will inspect at least 14% of registered investment advisers in current fiscal year, up from 10% in recent years, but still below the 50% rate achieved by Finra for B-Ds.
Letter of consent comes after firm paid $1.5 million in related arbitration case.
Plaintiffs allege GE breached fiduciary duties by selecting proprietary funds.
Phil Nguyen and Todd Ferreira in Campbell, Calif., were with Purshe Kaplan Sterling.
Demand for mandatory pre-loan counseling outstrips supply as Oct. 2 looms.
There appears to be money for "pure" record keepers that don't use asset management fees as a crutch.
The regulator alleges the brokers recommended a pattern of high-cost frequent trading without telling clients that such a strategy was unlikely to produce profits.
A dichotomy in the tax treatment of retirement deferrals and business income could discourage creation, maintenance of plans by some pass-through entities.
Capital Guardian's $593 million RIA is not part of the sale.
