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 survey from the FINRA Foundation and CFA Institute finds that cryptocurrency and individual stocks remain popular with the younger crowd.
May 24 -
The case is the latest arbitration decision showing risks advisors run when they jump ship and think they can take investors with them.
May 23 -
The banking giant plans to put all asset managers through training in Python programming language, whether they 'like it or not.'
May 22 -
Although most advisors and brokers see both pros and cons to operating outside the office, few are ready to abandon their new schedules.
May 19 -
FINRA argues that brokerage representatives should have the ability to keep information about private residences out of public databases.
May 18 -
Panelists at the self-regulator's annual conference list instances when they should document the reasons for the investment advice.
May 17 -
For the first time, the brokerage's self-regulatory body is citing the 3-year-old rule as a reason to remove a firm from the industry.
May 12 -
Joseph DeGregorio promised a 13% return on promissory notes that never existed.
May 11 -
A bill before Congress would let planners with certain securities licenses place clients' money in private markets regardless of their income or net worth.
May 10 -
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
