The rep processed a $9,850 wire request from an imposter posing as a customer, even after the customer called to say that the request was not genuine, FINRA claimed.

NASAA President Joseph Borg also vowed to work with SEC Chairman Jay Clayton’s team on improvements to the Regulation Best Interest proposal.

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

Collaboration is key to the effort since there “is no competitive advantage to be the only firm engaged in data protection."

The self-regulatory body says working with data aggregators increases the risk of cyber fraud, unauthorized transactions and identity theft. But aggregators say other links in the information chain are more vulnerable.

The accusations shed light on the massive back-office systems maintained by regulators and the difficulty of keeping the sensitive information in them private.

To protect their practice, advisors should know the answers to several critical questions about how vendors use and safeguard their data.

Commission prioritizes retail investors as OCIE issues its must-read compliance letter.

Planners are torn on whether they should DIY or give outsourcing a try.

From emerging technologies to new regulatory scrutiny, Aite Group analysts expect to see many firms redefine their business models in 2018.

ETF Managers Group accused the exchange of favoring interests in a competing product.

The regulator asked sponsors to hold off on registering funds investing in the currencies. Here’s why.

Clients won't accept complacency when a vendor is hacked. Acting quickly is key.

Client data should be walled off behind sufficient protections.

Ensuring that any potential breach is identified and mitigated takes aggressive action.

Advisors worried about securing client data should learn how banks are developing a protected space for internet activity.

The industry has resisted the SEC’s Consolidated Audit Trail surveillance system ― dubbed CAT ― in its current form based on cybersecurity concerns.

Medium-sized RIAs have few options, but the SEC’s examination priority list makes this a hot topic.

A recent report provides insights into the regulator's concerns, that include cybersecurity, anti-money laundering and alternative investments.

AI, HSAs, commissions and cybersecurity are top of mind for advisors attending at the firm’s annual Impact conference. The CEO makes his predictions.