Three advisers paid marketing consultant to solicit clients for online testimonials.
Administration seeks to head off turmoil resulting from Supreme Court's recent decision on administrative law judges.
Despite death of the DOL fiduciary rule, wirehouse continues to invest in ways to meet best-interest standard.
Industry plaintiffs who succeeded in vacating the regulation filed a motion seeking no further action.
Legislation would establish a task force to examine challenges facing senior investors and recommend regulatory, statutory changes.
Regulator also levies $200,000 fine, cites Cetera's failure to review rep's disclosures
The online marketplace hopes to connect advice firms with compliance experts.
Kavanaugh voted against "Merrill Rule" in 2007 D.C. Circuit Court of Appeals case.
Legislation would require SEC to look beyond AUM in determining size, such as to a firm's number of employees, when scaling mandates.
Massachusetts ordered Roger Zullo to disgorge $1.9 million in commissions.
How will the four wirehouses react to this news?
Plaintiffs alleged that offering 'artificially inflated' company stock in the defined-contribution plan violated ERISA.
Efforts to protect seniors from fraud, exploitation may invite legal battle.
The Senior Safe Act and new Finra rules are the latest initiatives to encourage advisers to intervene in cases of elder financial fraud. But the measures don't guarantee advisers won't be sued.
Compliance experts want agency to revisit regulation whose FAQs now run to 17 pages
Neither Texas E&P Partners nor principal Mark Plummer showed up for hearing to answer investor's charges of gross negligence and recommending unsuitable investments.
SEC alleges money from newer UDF fund was being used to pay distributions to investors in older fund.
Joe Voboril is seeking $20 million in damages for wrongful termination.
Regulator will conduct public financial records review within 15 days of Form U4 filing.
Lender's Hong Kong unit attempted to win banking business by offering jobs to sons and daughters of Chinese officials.
