The broker, Jayson Pocius, was 'discharged' last year from Wells Fargo Advisors Financial Network.
The president wants to raise the capital gains tax rate to a base of 39.6 percent, up from 20 percent, and establish a minimum tax rate of 25 percent on households worth at least $100 million.
Critical issue represents the latest meeting point of two pressures weighing heavily on advisors.
The brokerage firm violated Finra rules by failing to ensure fair pricing in corporate and muni bond transactions.
The advocacy group for independent financial advisors argues the final 2024 rule is ‘arbitrary and capricious.’
Industry groups hail state’s new rule as a win for annuity consumer protection.
It's highly unusual in the securities industry for a broker-dealer to put up such resistance to a regulator like the SEC.
There will likely be a legal challenge, even though the SEC appears to have trimmed the climate rule to withstand litigation, lawyers said.
The companies 'explicitly agreed not to hire or recruit each other’s asset and wealth management professionals,' according to a lawsuit.
Scope 3 emissions excluded, commissioner says steps forward are 'bare minimum.'
Using federal tax data, EBRI offers a ‘starting point’ to estimate the retirement program’s impact on lower-income workers when it starts in 2027.
Last November, the IRS proposed regulations that would fundamentally redefine DAFs.
The bipartisan legislation to encourage electronic delivery is broadly welcomed but advisor expresses reservations.
Gov. Newsom’s signing of SB 263 makes California the 44th state to adopt the NAIC's controversial model for annuity transactions.
'There's no rhyme or reason regarding how these penalties are determined,' one industry executive says.
The amount of unpaid tax is estimated to be hundreds of millions of dollars.
Natasha Vij Greiner has been with the regulator for two decades.
State securities regulators investigated 8,538 cases in 2022, up from 7,029 in 2021, according to the report.
An FBI investigation finds the advisor embezzled money meant for clients’ investment accounts to finance her house-flipping business.
The program enables employers to match workers' student loan repayments with contributions to their 401(k) accounts to help them save for retirement while paying down student debt.
