A Finra proposal would upend the existing landscape for removing customer complaints from advisers' records
James Polese has already paid $355,000 in restitution as a result of his criminal case.
CEO Sergio Ermotti says bank will prioritize protection of its dividends.
Investment advisers might assert unfair competition if 'best interest' and 'fiduciary' terminology merge while standards differ.
Banks including JPMorgan and Bank of America conspired to fix prices on floating-rate municipal bonds, according to suit.
The trade association representing major brokerage firms spent $6.6 million in 2018.
The VAs are at the heart of an ongoing dispute with brokers and broker-dealers over canceled trail commissions.
Bank was found guilty of helping French clients hide assets from tax authorities.
Penalties dwarf what bank set aside for legal issues and exceed earnings for all of last year.
Lower fees will help you sustain your business and fulfill your fiduciary duty
Franklin Templeton settlement is among the largest in recent self-dealing cases.
An acquittal would undercut PNF credibility because of large fines requested.
Investor advocate calls insurance proposal weaker than existing broker suitability standard
With income thresholds higher and a lower SALT deduction after tax reform, the AMT will realistically only apply to wealthy Americans with out-of-the-ordinary tax events.
CEO Geoffrey Brown: 'The SEC's proposal is misleading and confusing for consumers.'
These next-generation leaders are raising their voices and gaining influence over financial advice regulation and legislation.
Investment Adviser Association works to preempt bias toward passive funds in retirement legislation.
Advisers wonder what the lack of a formal brokerage agreement means from a regulatory standpoint.
IBD agrees to repay customers $1.9 million in addition to a $225,000 fine
Arbitration claim accuses well-known adviser of actions that resulted in excessive fees.
