Displaying 174 results
Study shows softening of Finra enforcement last year
Law firm Eversheds Sutherland says fines, restitution, cases decreased; Finra touts the quality of its cases
Lawsuit questions Finra’s ability to bar brokers
The argument hinges on whether a lifetime sanction is a punitive or remedial punishment
PNC Bank accused of hiding evidence of wealth manager’s assault
The bank produced video of a man following an adviser to her car. Key footage is allegedly absent
SEC fines Wells Fargo $35 million for unsuitable sales of complex products
Firm recommended that clients buy, hold single-inverse ETFs in retirement accounts despite previous Finra penalty
Advisers say regulation will be biggest shaper of business
Other factors include changing client demographics and technology innovation, according to a new survey
InvestmentNews rolls out innovative new design
The magazine is also upgrading its user experience and adding to its management team
State regulator revokes registration of adviser who sold Woodbridge securities
N.J. investment representative Gary Scheer was also assessed $750,000 in civil penalties for selling fraudulent investments
Commonwealth hires Matthew Chisholm to build RIA business
The former Fidelity executive will help advisers expand their operations efficiently
Wealth management in the 2020s
Last year highlighted many of the major trends of the past decade, which will continue to shape the industry in the decade to come
Finra launches targeted exam of zero-fees brokerages
The regulator is probing whether firms are giving customers best execution of trades
Massachusetts promulgates final fiduciary rule with some controversial parts removed
But the advice standard would require brokers to act ‘without regard to’ their own financial interests
Fed review could be a hurdle for Morgan Stanley-ETrade union
But little resistance to the deal is expected from regulators, policymakers
Finra arbitrators award $2.1 million to four former Credit Suisse reps
The loss is another in a string of setbacks for the firm on deferred compensation disputes
GPB’s legal woes mount with fresh lawsuit from Volkswagen
At the center of the complaint is a dispute about which side controls three auto dealerships: GPB or Volkswagen
Finra proposes making regulatory continuing education an annual requirement
New approach also would allow previously registered brokers to remain in the industry through CE
Focus Financial acquires Australian advisory firm
Melbourne-based Mediq specializes in working with members of the medical profession
State regulators propose continuing education for investment adviser reps
NASAA wants to close the regulatory gap between IARs and other financial advice professionals
Brokers must act in best interests of sophisticated investors, SEC says
The latest update to Reg BI frequently asked questions asserts that the rule applies to high-net-worth customers
Merrill Lynch taps new lieutenant for Andy Sieg’s growth plan
Craig Young was promoted to a national position in which he will coordinate strategy across the firm
Finra seeks minimum expungement fees of several thousand dollars
Proposal aims to raise bar for brokers to clear their records, but a lawyer for investors says it only will fill Finra's coffers
