Given the current regulatory environment and increasing utilization of BrokerCheck by the public, a broker must take ownership of his or her CRD.
The brokerage allegedly failed to file suspicious activity reports in a massive pump-and-dump scheme
High-income surcharge based on new brackets next year.
In a recent letter, the Labor Department said target date funds using annuities may be a prudent default investment option for employers.
The trade group for independent broker-dealers will take the offensive in trying to shape the kind of fiduciary standard it believes will be advantageous for its business in the future.
The self-regulatory organization is planning to investigate 100 to 200 brokers who pose the greatest risk to investors.
The North American Securities Administrators Association's model rule requires that financial advisers report suspected abuse to state and other authorities, allows them to stop disbursements from seniors' accounts and gives them protection from liability.
Traditional valuation providers warn of limits to digital tools, including quality
The firm is an employee-owned, independent partnership associated with Raymond James, and has found success with its collegial 'no-jerk policy' for those who'd like to join.
Getting a record keeper to fill out a legal document needed to divide a retirement account could cost more than $1,200.
The DOL could propose a delay that would be subject to public comment, or the administration could issue an interim rule seeking delay based on "good cause."
Getting a record keeper to fill out a legal document needed to divide a retirement account could cost more than $1,200
Trump administration could put regulation on hold while courts decide its legality
You can play a large part in helping clients feel better equipped to handle such situations before they happen.
Picks up two Merrill Lynch groups with nearly $2 billion in assets; more deals might be on the horizon.
Lobbyists say the move could come as soon as Friday afternoon, or Monday, in the form of a directive to acting agency heads to postpone and review regulations that aren't yet operational.
The company's founders, who hail from Financial Engines, have grown the new business to $100 million in assets.
The brokers used an "in-and-out" scheme in roughly two dozen client accounts, which created "enormous losses," according to the SEC.
Allegations include receiving travel, prostitutes and drugs for steering business to two broker-dealers.
