The bank has also suspended fees on some wealth management assets and accounts after finding it charged some clients incorrectly
Lance Browning is trying to stop the insurer from terminating annuity trail commissions on behalf of thousands of other brokers.
The regulation hasn’t kept up with developments in the advice industry or technology, according to compliance experts
The broker, Terrance Hood, was fired by Merrill last year for falsifying receipts for childcare expenses
Insurer allegedly filled its 401(k) plan with high-cost in-house investments.
Douglas Simanksi told clients he would invest their money in a 'tax free' fixed-rate investment, SEC charges.
Changes are designed to help investors understand how the B-D routes their order and how that affects execution quality.
State actions against advisers outpaced those against brokers.
Agency reports 108 stand-alone enforcement actions involving investment advisers and companies, up 31.7%.
Research shows false accusations of broker misconduct are disturbingly common, which suggests Finra needs to make a change.
Sonya Camarco pleaded guilty to forging checks, depositing clients funds into her personal accounts.
Firm will repay $447,000 to clients it overcharged for more than seven years.
Robert Shapiro is settling claims he defrauded investors in a $1.2 billion real estate Ponzi.
A cost-of-living adjustment also raises IRA contribution limit to $6,000.
The Investor Advisory Committee will vote Nov. 7 on suggesting the agency clarify, expand broker requirements.
Agency wants to improve investor knowledge, but consumer advocate says seven-page example included in proposal has similar weaknesses to Form CRS
The broker, Dennis Ferwerda, failed to cooperate in Finra's investigation.
The former partners provide a blueprint for what can go wrong in a business relationship.
Schwab official agrees chairman Clayton wants to finish reform package soon, but says top regulator will face challenge finding three votes to pass it.
Proposal would bar leveraged products from describing themselves as exchange-traded funds
