Regulation

With tens of thousands of certificants affiliated with giant BDs, the documents required by the new standards are making their conflicts of interest plain as day.

The regulator was allegedly inquiring about whether incentives at an firm unit rewarded salespeople for pitching higher-cost products.

The regulator is doing more with less but also missing its own goals around how long an investigation takes to result in an enforcement case.

The authors of a PIABA Foundation study describe a system in which it’s ‘almost impossible’ to put the public’s interests first.

Businesses, particularly small ones, are looking for help to limit liability when sponsoring defined contribution plans.

CEO Dan Arnold described the firm's multipronged strategy for further growth.

Her hospitalized client's accounts had more than $14 million in transactions over a nine day period, according to FINRA.

“We all agree a conflict could arise in the future,” Schweiss says. “There are ways of potentially dealing with that.”

The regulator’s expanding number of share-class cases fill in the details it says have been missing from Form ADV disclosures about conflicts of interest.

The advisor advocate’s’ term, to begin in 2021, also will focus on increasing FPA membership.