Kevin Graetz was also fined $10,000 for not updating U4s over seven years.
Starting June 10, verification code required to access personal accounts.
As part of its review, Finra is seeking comments by June 29
Last week's ransomware attack reveals system vulnerabilities.
The largest record keeper is being more aggressive than its peers in pushing fiduciary services for retirement plans and participants, observers say.
After a wave of global online attacks over the weekend, speculation mounted that the exposed weaknesses may trigger a surge in security spending
Financial advisers should be cognizant of where the market is now relative to where it has been — and how that might be influencing their clients.
While T shares and clean shares are different, they could solve important pricing questions for the fund industry — and even obliterate many share classes.
Employees allege the firm failed to act in their best interests when managing their retirement plans.
Power, the Canadian parent of Putnam Investments and Great-West Financial, has now invested a total of $74 million in the robo-adviser
Fidelity Investments says auto enrollment and auto escalation are pumping up retirement savings.
"Auto-escalation" helped the average balance in a Fidelity account reach $95,500.
Financial advisers can keep clients out of firing line by confirming they're alive.
Wirehouse's new recruiting strategy will focus on hiring and training younger advisers at the expense of signing top producers from rival firms.
Firm begins rolling out broad technology upgrades for advisers.
In the latest dispatch from the retirement front, Mary Beth Franklin mulls health insurance and estate planning choices.
Beginning in July, interest rates on new government loans are set to rise.
These are some of the key features advisers consistently rank as imperative.
Beginning in June, Merrill advisers will be able to use "limited purpose brokerage IRAs" for certain products and transactions, and the firm will also make more products available over its advisory platform.
