Eric Zakarin was also liable for $357,000 of Wells Fargo's attorneys' fees.
Also, Wells Fargo's biggest non-performing asset is its board, Kansas clamps down on bad news, and the ruby slippers are saved.
Retirees lost $140,000 after Christopher Ariola unduly concentrated them in energy, gold.
Warren's charges could be motivated by political calculation rather than concern about investor protection or information.
At least four trade associations reached their highest levels of donations in this election cycle, the FEC reports.
Wealth of tools popping up to help with compliance, but will require proper adviser due diligence.
The plans in public school districts — often a "laissez-faire" type of arrangement exposing teachers to high-fee products — won't be helped by the new regulation.
The regulator also ordered John Leo Valentine to pay $140,000 in civil money penalties
'Dred Scott' comments by the SkyBridge Capital executive 'are so at odds with the DOL rule, law, logic and basic human decency, they demand a rebuke.'
System doesn't include reasons for advisers' employment termination and other details public needs before deciding who to hire, a new report found.
Broker-dealers can try shielding themselves from risk as much as possible, but lawsuits are inevitable and could prove difficult to defend, attorneys said.
Measure requires brokers to establish trusted contacts on accounts and allows them to stop distributions in questionable circumstances.
Industry conversation is now turning to the regulation's impact on M&A activity.
State launches a sweep of 241 firms with above-average numbers of brokers with misconduct reports on their records.
Regulator is using advanced data analytics to find the bad seeds who can undermine a firm's culture and foster 'good people making bad decisions,' the Finra chief says.
The firm will announce details of its strategy to comply with the DOL fiduciary rule in the next two weeks. <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">The most up-to-date information on the DOL fiduciary rule</a>)</i></b>
Skybridge Capital executive's outspoken comments &mdash; including a comparison to the 1857 Dred Scott decision &mdash; sparked a debate on social media.
The Skybridge Capital executive says the regulation diverts too much capital into low-cost passive funds, and he compares it to the 1857 Dred Scott decision. <b><i>(More: <a href="http://www.investmentnews.com/article/20160925/FREE/160929970/hillary-clinton-vs-donald-trump-who-are-you-voting-against" target="_blank">Hillary Clinton vs. Donald Trump: Who are you voting against?</a>)</b></i>
