Texas securities regulator also fines the firm $100,000 for failure to supervise
Kimberly Springsteen-Abbott misused investor money, according to the commission's review of her barring by Finra
Now individual states must adopt the measure through legislation or rule-making
The potential Hall of Famer claims his broker gave him misleading investment advice
The latest update to Reg BI frequently asked questions asserts that the rule applies to high-net-worth customers
What does it take for an insurance agent to lose his license?
The Santa Clarita, Calif.-based RIA and its two principals got kickbacks from fund managers
His proposed budget for 2021 lays out cuts to federal retirement benefits that would total $92 billion by 2030
The change follows discussions with stakeholders and a shareholder proposal last year on the practice from Clean Yield Asset Management
Regulator group says 426 reports have been filed in the 25 states that have adopted the law
Concerns raised in comment letters include the expanse of the new rule and compliance costs
His Northbrook, Ill.-based RIA misappropriated client assets while layering on fees
Proposal aims to raise bar for brokers to clear their records, but a lawyer for investors says it only will fill Finra's coffers
The state's new data-privacy law created a disclosure headache
Capitol Hill Democrats are set to resist the spending proposal; the SEC requests a budget bump
National standards would be preferable to a patchwork of state-by-state rules when it comes to dealing with rapidly evolving cyberthreats
Courts would have to sort out how federal government, states can shape advice reform
The top issues that groups targeted for Capitol Hill influence were the SECURE Act and a financial transactions tax
The insurer faces one less lawsuit over its termination of trail compensation
Rule would restrict movement of brokers or firms’ assets if arbitration claims are pending
