Regulation

The New York president questions legality of national chapter's use of local chapter funds for annual forum.

Howard Price III used the funds to make purchases at clubs, bars and restaurants, say regulators.

The firm has spent the last two years working to overcome various scandals.

The reps join a slew of others who chose not to cooperate with FINRA investigations — at least 21 since 2017 — and therefore agreed to an automatic ban.

Dean Mustaphalli "deceived the clients that trusted him," New York Attorney General Barbara Underwood said.

The ability for consumers to access and share data in one place could transform financial advice.

The firm provided some 82,400 initial and annual privacy notices to customers that were not compliant and in some cases provided no notices at all, FINRA claimed.

The industry research organization LIMRA sees reasons for optimism despite flat overall sales figures in the first quarter.

Investment advisors and broker dealers have different “relationship models” with clients, the chairman says.

A pen and paper or more advanced methods of documentation can save financial advisors from a variety of troubles.