Regulation

The transparency of a fee charged to other fund firms for use of the platform is allegedly questioned.

A financial advisor at another firm says he was promised a lower mortgage rate at Bank of America if he deposited money into his Merrill Edge account.

Not knowing a FINRA rule can’t save an advisor from statutory disqualification.

The IBD is one of three dozen firms the regulator has accused of failing to provide sales-charge waivers to eligible retirement plans and charities since 2015.

Firms can expect scrutiny of their compliance with the regulator's Custody Rule, compensation and account placement.

Thomas Buck misled clients in order to charge them excessive commissions, according to federal prosecutors.

Between the SEC's proposed Regulation Best Interest and developing state rules, advisors and brokers may have their hands full.

The former broker bilked more than a dozen former clients over an eight-year period, prosecutors said.

It's the first regulatory ding for the influential advisor and entrepreneur in almost 15 years.

The No. 1 IBD plans to offer training and education and team up with reps on outreach to officials.