Regulation

The fintech's new products may violate several banking and securities regulations, industry officials say.

A uniform fiduciary standard is only way to ensure all advisors are putting their clients first, the Democratic senator says.

The fintech did not contact the Securities Investor Protection Corporation to discuss protection for deposits, according to its CEO Stephen Harbeck.

When faced with a regulatory challenge, advisors can’t be afraid to question authorities.

The product, which allows investors to purchase virtual currencies on their exchange, hits the market at a low point for bitcoin.

Macroeconomic trends and matters of convenience will move advisors, assets and markets next year in the ever-changing wealth management space.

The regulator details numerous (and familiar) compliance failures in its annual summary of exam findings.

"We said, 'Even though we are drinking water in the bar, there are too many drunks, so let's not go into the bar.'"

As a fiduciary, "I realized I wasn't putting their best interests first by keeping them," says advisor Tony D'Amico of Fidato Wealth.

The chairman looks to finalize Reg BI while issuing warnings for advisors on cybersecurity, Brexit and Libor transition.