Cetera's policy advocacy leader explains how gig worker protection proposal might hurt independent financial advisors, and why it's "a complete outlier" in the current legal landscape.
Emerson Equity and its advisor, Tony Barouti, were likely the largest sellers of defunct GWG L bonds.
A federal court's decision puts fractional life insurance policies under SEC scrutiny, forcing wealth advisors to revisit compliance and sales strategies for alternative investments.
A federal judge denied CEO and managing principal James Lukezic's urgent bid to halt FINRA discipline over $1.1 million in trades, putting industry compliance under the microscope.
Industry group IRI hails regulator's reversal as a win for financial professionals, plan sponsors, and retirement savers.
Three contenders stand out to replace the departed Erika McEntarfer, according to Hal Ratner, who is the head of research for Morningstar Investment Management.
Fights over compensation are a common area of hostility between wealth management firms and their employees, including financial advisors.
FSI, IRI, and NAIFA argue the New Jersey Department of Labor's push to modify the ABC test for independent contractors would burden thousands of financial professionals.
Former LA-based advisor James Arthur McDonald Jr. is facing federal prison time for defrauding investors out millions of dollars in a Ponzi-like scheme after a failed anti-America bet.
The executive order directed at the Department of Labor and the Securities and Exchange Commission also gives an opening to cryptocurrencies and other alternative investments.
The lawyers' group warns that adjudicating certain claims externally and limiting punitive damages, among other suggestions, could hurt investors.
An appeals court sided with a pension fund, ruling Perfection Bakeries must apply a $2M credit earlier in its withdrawal liability calculation.
Agreement with the US Department of Justice comes eight years after settlement.
Changes in legislation or additional laws historically have created opportunities for the alternative investment marketplace to expand.
A new proposal could end the ban on promoting client reviews in states like California and Connecticut, giving state-registered advisors a level playing field with their SEC-registered peers.
The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.
TradeStation Securities' communications violated industry rules, including falling short on describing the risks involved in investing in volatile crypto assets.
Depending on the state of his will or trust, the former wrestling icon's assets could also face claims from creditors and his estranged daughter.
A new analysis finds long-running fiscal woes coupled with impacts from the One Big Beautiful Bill Act stand to erode the major pillar for retirement income planning.
Caz Craffy, whom the Department of Justice hit with a 12-year prison term last year for defrauding grieving military families, has been officially exiled from the securities agency.
