The defendants allegedly disseminated false and misleading information to their collective 1.5 million Twitter followers to hype interest in certain securities while secretly planning to sell shares at artificially elevated prices, the DOJ charged.
The firm used two locations to store phone records, which caused a confused response to Finra document requests in investigations, according to the regulator.
The agency laid out four proposals that Chair Gary Gensler says would boost transparency and competition.
Anti-greenwashing proposals are already having an effect, results of a US SIF survey suggest.
Falling markets are cutting firms' revenue tied to AUM at the same time rising interest rates are making it more expensive for buyers to finance deals.
This month’s highlights include Savvy Wealth’s $11 million funding round to enter the realm of tech-enabled RIAs, along with DPL Partners’ new adviser-matching solution and InvestCloud’s Advisor Connect solution.
A PSCA study shows plan participant and employer contribution rates in 2021 combined to produce an average savings rate of 13.9% of pay, an all-time high.
The money pouring into digital assets has attracted the attention of criminals.
Using Unifimoney's tech and Apex's custodial platform, community financial institutions can add digital wealth management to existing online banking services.
But they need to be aware of stepped-up regulatory scrutiny of complex products, an expert tells advisers at the Financial Planning Association annual conference.
Advisers need to create an ‘ideal client’ description, grade their clients and eliminate those who aren't the right fit.
With the outlook improving for stocks and bonds next year, the percentage of a nest egg that retirees can safely start withdrawing from savings has increased to 3.8% from 3.3% in 2021, according to a Morningstar report.
Howard Kaplan is affiliating through indie Riegel Financial in Ohio.
The panel will conduct the first comprehensive assessment of the education, examination, experience and continuing education requirements related to the CFP mark.
The new annuity functionality will help advisers using Morningstar's workstations manage annuity transactions for their clients.
Bankman-Fried, who was arrested Monday in the Bahamas, also concealed risks and FTX's relationship with his trading firm, Alameda Research, the agency says.
The organization representing financial planners wants to obtain legal recognition of the profession, a process that could involve a long, winding road through state and federal legislatures.
Entering the competitive space of client referral programs, AdvisorFinder faces the challenge of getting consumers to the site.
The new year presents an opportunity for advisers to encourage clients to focus on key retirement priorities.
Additionally, BNY Mellon invests in a fixed-income fintech and Broadridge partners with IntraFi on securities-backed lending.
