The award follows a similar award last month when former Credit Suisse broker Brian Chilton was awarded $844,621 in deferred compensation.
While the new majority is unlikely to block the SEC advice rule, retirement income advocates forecast momentum for annuities legislation.
Business owners who are millennials are more likely to offer retirement benefits to their employees
The trend will likely further fuel industry consolidation.
The retailing juggernaut has used data to drive better decisions, and 401(k) advisers should follow suit
The bank has also suspended fees on some wealth management assets and accounts after finding it charged some clients incorrectly
Mr. Welker and his division are reportedly being investigated for gender bias.
Lance Browning is trying to stop the insurer from terminating annuity trail commissions on behalf of thousands of other brokers.
The regulation hasn’t kept up with developments in the advice industry or technology, according to compliance experts
Wirehouse is attempting to promote online engagement of clients by rewarding advisers who make it happen.
The broker, Terrance Hood, was fired by Merrill last year for falsifying receipts for childcare expenses
Early days at Tamarac were a far cry from the business Envestnet bought in 2012.
Insurer allegedly filled its 401(k) plan with high-cost in-house investments.
Changes are designed to help investors understand how the B-D routes their order and how that affects execution quality.
Douglas Simanksi told clients he would invest their money in a 'tax free' fixed-rate investment, SEC charges.
State actions against advisers outpaced those against brokers.
While the new tax laws will complicate year-end planning, there are some steps people can take.
Agency reports 108 stand-alone enforcement actions involving investment advisers and companies, up 31.7%.
Research shows false accusations of broker misconduct are disturbingly common, which suggests Finra needs to make a change.
Sonya Camarco pleaded guilty to forging checks, depositing clients funds into her personal accounts.
