Financial regulations

The commission's frequently asked questions come six weeks ahead of the deadline to self-report placing clients in high-fee share classes.

The funds paid for multiple vehicles, bedroom furniture and debts at casinos, prosecutors say.

New legal analysis suggests that the rules would add "teeth" to broker-dealer regulation.

“The broker-dealer world has tried to hang their hat on suitability, and if you close your eyes a little and squint, they almost look like fiduciaries — but not really,” one advisor says.

The payout brings the distribution to more than $1.2 billion, a fraction of the more than $50 billion scam.

Should advisors and brokers have plain-English job descriptions and be required to work in their clients’ best interest? Commissioners will vote on whether to move ahead with key proposals.

The misconduct is so pervasive that the regulator is temporarily allowing violators to come forward.

Compensation levels rose approximately 7% last year despite mounting industry challenges.

Advisors who should self-report a violation — but don’t — could face enforcement actions.

The broker also purportedly neglected to disclose an outside real estate business to BBVA, FINRA said.