The self-regulator claimed the reps traded excessively in the accounts of elderly customers.
U.S. Virgin Islands claims the bank turned a blind eye to Epstein sex-trafficking, calling the allegation a 'masterclass in deflection.'
An SEC risk alert this week warned firms that surveillance systems fell short in ensuring reps consider costs and reasonably available alternatives. Will enforcement be next?
Last year, the agency managed to examine about 16% of all advisors, but it aims to do more exams in 2023.
The bill sails through House, 419-0, on a fast track. Its author, Rep. Ann Wagner, R-Mo., hopes the Senate acts this time around.
A legal challenge to the agency's rule on investments in retirement plans was inevitable, lawyers say.
Robert Levitt has traded Florida for the French Riviera, where he sees a wide-open market in the 250,000 Americans living there who need financial advice.
Broker-dealers are falling short in identifying and mitigating conflicts of interest, the agency said.
According to Robert Earl Turner's BrokerCheck profile, UBS has settled six disputes with his customers for close to $12 million.
The House Republican bill is likely to hit a wall in the Democratic-majority Senate. There might be a better chance to extend some 2017 tax cuts set to expire in 2025,
With the cryptocurrency's price up 40% so far this year, a new report shows a doggedly bullish outlook among investors and advisors willing to look past extreme volatility.
According to Finra, the broker-dealers fell short in giving some clients breaks when rolling over 529 plans from one state to another.
The CFP Board's decision to split itself into two nonprofits would allow it to establish a membership organization, but groups like FPA don't expect it to do so.
The firm is the latest bank to require individual staff to bear some of the burden of an unprecedented regulatory investigation.
The effort comes as Republicans have increasingly supported an anti-ESG push, largely led by the states, including Texas and Florida.
The advisor, Anthony B. Liddle, 40, was barred from the securities industry last June by the Financial Industry Regulatory Authority Inc.
The group is setting up a 501(c)(6) organization that will give it more latitude to talk to students about the benefits of becoming a CFP and to the public about the benefits of working with one.
The agency alleged that from 2016 through last October, the company's BVAL failed to disclosed that valuations could be based on a single data input, rather than other methodologies it presented.
The CE requirements are the first for investment advisors, who must take 12 credit hours of courses in products and practice as well as ethics.
For advisors who don’t do their homework, the possibility of a regulatory slap on the wrist may be less of a deterrent than a whack in the wallet from aggressive attorneys.
