A look back at 20 events that rocked financial advisers and their clients, and helped shape our profession.
IMS Securities withdrew its Finra registration in 2017, and was expelled from the industry this year.
Claims his income is going from $300,000 to $91,000 as a result of his tarnished reputation.
Swiss bank could face billions of dollars in fines from French and US authorities.
Wealth management head Jay Welker, a focus of many complaints, announced plans to retire on Tuesday
Move comes as the bank aims to cut costs by $4 billion
Investor advocates: Agency still has a lot of work to do on Form CRS
Proposal promotes 'auto-portability' as a way to reconnect plan participants with retirement savings they've left behind.
The lawsuit comes days after an LPL broker filed a similar legal complaint.
The award follows a similar award last month when former Credit Suisse broker Brian Chilton was awarded $844,621 in deferred compensation.
The Investor Advisory Committee suggests clarifying that Regulation Best Interest is a fiduciary standard.
While the new majority is unlikely to block the SEC advice rule, retirement income advocates forecast momentum for annuities legislation.
The bank has also suspended fees on some wealth management assets and accounts after finding it charged some clients incorrectly
The regulation hasn’t kept up with developments in the advice industry or technology, according to compliance experts
Lance Browning is trying to stop the insurer from terminating annuity trail commissions on behalf of thousands of other brokers.
Insurer allegedly filled its 401(k) plan with high-cost in-house investments.
The broker, Terrance Hood, was fired by Merrill last year for falsifying receipts for childcare expenses
Changes are designed to help investors understand how the B-D routes their order and how that affects execution quality.
Douglas Simanksi told clients he would invest their money in a 'tax free' fixed-rate investment, SEC charges.
State actions against advisers outpaced those against brokers.
