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.
-
The SEC, FINRA and NASAA issued an investor alert warning of fraud, fees and tax complications for self-driven retirement accounts that invest in alternative assets.
February 7 -
A pair of Laidlaw & Company brokers will have to pay nearly $150,000 in restitution and fines for failing to put their clients' interests ahead of their own.
February 6 -
An arbitration panel has found Raymond James and its independent broker Kent Jackson Rhoades liable for nearly $20 million in an unfair competition case.
February 3 -
Democrats contend Finance Committee Chair Patrick McHenry has made the regulation of digital assets a priority over industry diversity.
February 2 -
The certifying group says a change in its tax-exempt status will let it communicate to the public everything financial planning, from advisor salaries to the profession's accommodating hours.
January 27 -
The Wisconsin wealth manager persuaded more than a dozen clients to put roughly $1.9 million into 'unrated, illiquid, high risk, and potentially speculative' investments. But he never made the investments.
January 26 -
Even if advisors get a disclosure removed from their records, the damage done online can be difficult to manage.
January 25 -
Gary B. Gross faces nine counts of sexual exploitation of a minor and the loss of CFP credential after he said he stumbled on old files.
January 24 -
Research firm Cerulli reports that investing in private equity, real estate and other alternatives was up 23% in 2022.
January 20 -
A survey by the Financial Services Institute finds most independent planners would rather set up RIAs than become direct employees of large firms.
January 19 -
Deloitte Financial Corporate's settlement over recordkeeping allegations probably would have been bitter had the company not cooperated.
January 17 -
The new year brings new regulations and the end of grace periods from federal and self regulators.
January 13 -
FINRA warned brokers in its latest annual report about not being fully up to speed with the client-care rule.
January 11 -
Moisand thinks a panel for reviewing financial planners' professional standards could be in place by mid-2023 but that their work could take years to complete.
January 10 -
The Federal Trade Commission's proposal would not extend to non-solicitation clauses, which are far more common among brokers and advisors.
January 6 -
Behind the broker-dealer regulator's proposed changes to its system for resolving disputes lies a lawyer's long-simmering feud.
January 5 -
Portfolio reviews and retirement contributions are at the top of to-do lists of Morningstar, AARP and industry groups.
January 2 -
Some think planners need to be more forthcoming about how much of their investing work is being entrusted to third parties.
December 29 -
Christopher Parris also pleaded guilty to fraudulently trying to sell COVID masks to the U.S. government and private businesses.
December 28 -
Government watchdogs propose more oversight amid collapse of crypto and falling markets.
December 27
Load More