Dan is a business journalist who previously worked for various local newspapers and industry publications. He also worked for two years in Beijing as an editor at China Daily. A graduate of the University of Missouri-Columbia, he has written about banking, local governments and the legal profession, among other subjects. He now covers how politics, policy and regulation affect the financial planning industry.
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A pair of SEC commissioners say the treatment of the brokerage firm Qatalyst shows industry watchdogs expect nothing short of perfection with regulatory matters.
September 24 -
The court filings seek to overturn two injunctions federal courts imposed after finding the Department of Labor's new conduct standard is too similar to a previous one vacated in 2018.
September 23 -
LPL, JPMorgan and Bank of America Private Bank were also among the recruiting winners this week.
September 20 -
An industry recruiter sees RBC Wealth Management's appeal as lying in its international presence and clean reputation.
September 19 -
Regulators allege First Horizon Advisors violated Reg BI when it continued recommending complex investments even though it was struggling to bring over customer information from a recent acquisition.
September 18 -
If successful, previously banned brokers might be free to "fleece your grandma" again, an expert warned.
September 17 -
Edward Jones is also lowering its fees on certain asset ranges and seeing faster-than-expected adoption of the MoneyGuide investing systems.
September 16 -
UBS, Morgan Stanley, Ameriprise, Bank of America and Cetera were all on the losing end of some of the biggest recruiting deals this week.
September 13 -
A FINRA settlement accuses the firm of failing to supervise a broker who recommended frequent purchases and then resales of various investment products.
September 13 -
The "reverse churning" case highlights the regulatory gap investors can fall into when moving between brokerage and advisory relationships.
September 12
