Southeastern firms likely will get to test those enhanced continuity plans the SEC is pushing.
Charges centered around making misrepresentations in private placements.
Complaint naming Jackie Wadsworth, CEO of IMS Securities, centers around sale of VAs and real estate securities.
Employees reclassified clients' custodied assets as managed assets to meet sales targets.
Mark Tauzin was suspended for eight months from any Finra-registered broker-dealer, fined $20,000 and required to pay $205,000 plus interest to 14 sets of clients.
Florida advisers who claimed the certifying body unfairly punished them for their compensation description lost another round Tuesday.
Lawsuit argues plan wasn't diversified. Case doesn't fit prevailing litigation theme of targeting multibillion-dollar retirement plans for excessive fees.
Firm agreed to a settlement that includes a $125,000 fine and $102,632 in restitution.
Industry trade group, as well as some mutual fund giants, push back against Financial Stability Board's proposal for stress tests.
The firm allegedly conducted an unethical, high-pressure, sales contest among its advisers to encourage clients to borrow money against their brokerage accounts. <b>Plus: <a href="//www.investmentnews.com/article/20160819/FREE/160819909/morgan-stanley-hit-with-150-million-401-k-lawsuit-for-self-dealing"" target=""_blank"" rel="noopener noreferrer">Morgan Stanley is being sued over its 401(k) plan</a>.</b>
Plus: Claims of a better robo platform, a bright spot in a dim economic recovery, and health insurance won't be less expensive this year or next
This is the choice we all face on Nov. 8 &mdash; two flawed candidates &mdash; neither of whom represents the principles we aspire to ourselves.
Actionable disclosure information is central to fulfillment of fiduciary obligations and plays an important role in advancing the profession.
Organization that provides financial services to Christians says it would not be able to use its dispute resolution mechanism if it had to adhere to the new regulation allowing class actions.
Some brokerages know what their new annuity commissions will be in response to the regulation. Why are they staying quiet? <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-faq" target="_blank">The top FAQs on the DOL fiduciary rule</a>)</i></b>
Agencies brought more cases against registered advisers than unregistered entities, and certain products featured in many of them.
Texes securities commissioner claims Jens Pinkernell charged clients nearly $47,000 more than he should have over a three-year period.
Peter Kohli, the CEO of DMS Advisors, allegedly stole money from investors as the funds neared collapse.
