Explanations for removing a complaint from a broker's record range from a couple paragraphs to several pages, but critics still worry about the impact to investors of wiping a slate clean.
Disciplinary proceedings will determine whether a firm or an adviser exerted undue influence over "vulnerable individuals or individuals with diminished capacity."
The plaintiff takes issue with a so-called "layering scheme" in BlackRock's fund structure, whereby a fund's underlying proprietary investments charge additional fees that "cannibalize" returns for employees.
Firm says it will look for talent among teachers, entrepreneurs and former athletes.
Claiming rules have evolved since 2015 Supreme Court decision.
This demographic cohort seeks ever-increasing levels of responsibility and changing experiences.
Regulators should launch a full-scale investigation into how to avoid putting firms into double jeopardy.
Sure, the delay of the DOL fiduciary rule is big news. But there are other important matters going on in Washington.
Credit Karma tries to break into the business with a $0 product.
Millennials are less likely to be married, living with children or own a home than their parents were at their age.
Distinguishing yourself from life insurance sales people leads to better working relationships and ensures your clients' best interests are served.
Popular radio show host changed his referral program due to 'perceived' regulatory risk among advisers.
Consolidator could add $6.4 billion in assets at a cost of about $70 million.
The lawsuit is the first among similar cases to proceed to hearings on summary judgment, and may be telling as to how future judges rule.
A fraud investigator shares tales from the dark side of human nature.
Lawson Financial settles with SEC over due diligence in nursing home financings.
Company official says firm is more interested in finding the right talent and locations than meeting targets
The bills are similar to ones introduced in the previous Congress, but failed to pass commitee.
The regulator sees difference in compliance levels between W-2 and affiliated advisers, says Peter Driscoll, acting director of the SEC's Office of Compliance Inspections and Examinations.
