Practice

The firm will pay restitution and fines to settle allegations that it failed to flag more than 100 client accounts for overconcentration in high-yield bonds.

LPL Financial reeled in the largest haul, but RIA consolidators and other rivals also completed mega-moves in 2021.

Experts discuss the proliferation of chief diversity officers across the industry and what it may mean for future progress in diversity.

The ability to deduct the full value of the stock and avoid capital gains taxes is lesser-known by rich investors and many advisors.

Private Advisor Group received capital from Merchant, while Integrated Partners has recruited nearly a dozen practices this year.

'Planning has been put on hold, because no one knows what the rules of the game are,' says one accounting firm partner.

The regulator’s frequent reviews display shortcomings in three different areas, according to a new GAO report.

JPMorgan Chase executives were supposed to make sure employee communications were archived for regulatory scrutiny. But for years, even the bosses were using their mobile phones to tap out work-related messages — a practice so pervasive that U.S. authorities dropped the hammer Friday, imposing $200 million in fines.

Advocacy clinics at law schools can help protect vulnerable clients, but only if they're well-funded and widely distributed.

The orders from FINRA and the SEC respectively fault the firms for unsuitable rollovers and deficiencies exposed in a microcap scheme.