Mounting regulatory pressures and proposed taxes are putting a strain on higher education institutions, forcing renewed focus on liquidity management and the secondary market for private equity.
A federal appeals court has breathed new life into a securities fraud case against Maiden Holdings, raising the stakes for institutional investors and compliance teams.
The agent, Todd Bernstein, 67, has been charged with four counts of insurance fraud linked to allegedly switching clients from one set of annuities to another.
“While harm certainly occurred, it was not the cataclysmic harm that can justify a nearly half billion-dollar award to the State,” Justice Peter Moulton wrote, while Trump will face limits in his ability to do business in New York.
SEC alleges Stock Purse Trading and Carole Liston violated federal securities laws by promising high returns and misusing $5.7 million from investors.
The policy research institution calculates thousands in tax cuts for Washington, Wyoming, and Massachusetts residents on average, with milder reductions for those dwelling in wealth hotspots.
Yieldstreet real estate funds turned out to be far riskier than some clients believed them to be, according to CNBC.
Linqto Inc. was one of the first tech platforms to promise access to small investors into the high-risk, high-reward world of private investments.
"The greed and deception of this Ponzi scheme has resulted in the same way they have throughout history," said Daniel Brubaker, U.S. Postal Inspection Service inspector in charge.
Friends and family members are "the easiest type of victim to profile and steal from," said one attorney.
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.
