Triad Advisors, Securities America failed to supervise reps who created and sent inaccurate consolidated account statements to clients, regulator says.
Friday's menu: Looking at stocks' recovery five years from the bottom. Plus: A big day for econ data, a bitcoin exchange crashes but new products spring up, Morgan Stanley gets a lawsuit tossed and Ukraine update
<i>Breakfast with Benjamin:</i> A man called "Mr. ETF," plus the skinny on Dave Camp's tax plan, Edward Jones settles cold calling case, a Wall St. cop moves on and a new take on "insider" trading.
The New Hampshire Bureau of Securities Regulation accused the firm of unlawfully soliciting clients on do-not-call lists
A former Bank of America Merrill Lynch financial adviser was sentenced to 10 years in prison for running a Ponzi scheme that defrauded at least six investors of $2.7 million. Mason Braswell has the story.
Investment management unit chief says agency wants to be sure transitions are good for clients.
In some cases, the failure to supervise rests with the adviser, not the firm, senior director says.
What do adviser lobbyists do when their issues are out-of-sight and out-of-mind? Quietly educate lawmakers.
Independent advisers cannot afford to spend 2014 on the sidelines. The regulatory burdens facing our industry will not ease up unless we all stay focused, regardless of the political circumstances.
More lawyers, chiropractors, insurance agents and others are running for elected office to help safeguard their professions from forces opposed to them. It's time financial planners did the same. Here are some tips.
Running for political office comes with risks for advisers, but also has an upside for the financial advice business
'Misunderstanding' led to termination, arbitrators say; former adviser wins a $525,000 award.
In a dispute focused on real estate investments, the indie B-D and a former broker 'breached fiduciary duty, were negligent,' complaint says. Big award comes with split decision.
Disclosure would help investors know whether broker is serving their best interest.
“Love the fact that Commissioner Aguilar is CRUSHING the SEC on its turnover,” Cuban tweeted. “I'm liking this guy a lot.”
Commission spells out activities it will focus on during exams.
Western Asset Management Co. will pay $21 million to settle charges involving internal cross-trading and coding errors resulting in losses to institutional investors, the SEC announced Monday.
Osnato to move from agency's New York office
Commission and Finra are concerned that brokers are steering investors into higher-fee accounts.
Finra seeking to bar advisers even in small expense account error cases. <i>Check out these <a href="http://www.investmentnews.com/gallery/20140120/FREE/120009998/PH" target="_blank">8 expense account blunders &mdash; from the wacky to the mundane</a></i>
