Regulation

The firm didn't disclose its conflicts of interest in receiving over $100 million in revenue sharing from mutual funds over nearly five years, the SEC says.

The once high-profile RIA owner ran a $20 million Ponzi scheme, federal prosecutors said.

Former retail brokerage head David Kowach is moving to the consumer bank.

At least two clients said they received calls from the advisor where he discussed his departure from the firm, according to the complaint.

The agency wants to hire a reputation management expert to burnish its image as it faces social media attacks.

The certifying body says it will no longer rely on advisors’ reports and it is convening a new task force to modernize enforcement.

There are red flags that may be pointing to elder fraud in a client account.

The bank will pay $1.25 million for alleged supervisory failures.

Though designed to raise standards for broker-dealers, the SEC’s 564-page rule sent ripples throughout the advisory industry.

Advisors and their firms should be prepared for how they will respond to expanded fiduciary responsibilities under new standards.