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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Representatives of the industry argue the changes would fall particularly hard on planners who are authorized to make trades on behalf of clients.
May 9 -
The financial services firm continues to go before FINRA arbitration panels to defend itself against claims over ex-broker's actions.
May 8 -
The firm and an advisor kept clients in leveraged funds for extended periods, even though they were often meant to be held for a single day.
May 5 -
But the firms continue to close faster than new ones open, suggesting consolidation remains an industry trend.
May 4 -
Lawyers for the popular brokerage service argue that federal regulators have resisted the use of a single conduct standard to preserve investor choice.
May 3 -
The top Massachusetts securities regulator contends a broker's misdeeds could have been prevented if internal compliance officers had only tried.
May 2 -
The support firm for RIAs sees opportunities to position itself between buyers and sellers of firms.
May 1 -
His lawsuit is the first to follow the U.S. Supreme Court's decision in another case questioning the regulator's "at-home" advantage with internal proceedings.
April 28 -
In a new risk alert, the Wall Street regulator warns about lapses with cybersecurity, email and third-party vendors.
April 27 -
Randall Kiefner's arrest on 21 counts comes amid an ongoing fight over payments from a previous FINRA arbitration award
April 26 -
FINRA and NORC survey results suggest the flood of new investors hasn't slowed since the pandemic, and many of them are coming for digital assets.
April 25 -
The regulator's latest staff bulletin also calls on planners at hybrid firms to always be clear about if they're wearing their broker or advisor hat.
April 21 -
In letters to the FTC, financial planners contend that noncompetition and nonsolicitation provisions can leave them 'handcuffed' to bad firms.
April 20 -
Regulators accused the investment tech company of costing customers millions of dollars by not reducing their capital gains liability.
April 18 -
Investor advocates argue that Massachusetts was within its right to hold broker-dealers to a higher standard.
April 17 -
Researchers find that performance expectations are highest among people who invest in environmental, social and governance causes for moral reasons.
April 14 -
The SEC is moving forward with regulations that broker advocates argue could make it nearly impossible to have online complaints purged.
April 13 -
The revisions come two weeks after the broker-dealer regulator made changes to a rule to loosen in-house inspection requirements for residential offices.
April 12 -
In setting up a breakaway firm, a group of advisors tried not to step over lines when recruiting colleagues and clients. But a lawsuit argues they still went too far.
April 11 -
The information is technically out there, but FINRA critics contend the regulator should be doing more to make the public aware of advisors with dubious pasts.
April 6
