Broker dealers

The fintech company, which was forced to rebrand its cash management product last year after misleading marketing caused a backlash, is seeking a national bank charter.

The requirement is back in the spotlight as consumer advocates and business interests face off on proposal to outlaw this key provision of customer agreements.

Having ‘fessed up to improper 12b-1 fee disclosures, dually registered advisors might still be excluded by FINRA.

Advisors and trade groups resist a patchwork of regulations, saying it would limit consumer choice and increase firms’ expenses.

It may seem like your interests are aligned but there could be conflicts.

Even as Nevada, Maryland and New Jersey press ahead with their own proposals, the IAA seeks exemption for SEC-registered advisors.

Digital tools will not only allow advisors to serve more clients, they can help advisors charge for services with greater accuracy.

There are no “alternative facts” in the law, just truth, opinion and lies. Two you can’t sue for. And the third? Well, brokerages are very careful with their words.

The decision by Carson Group’s CEO came after a two-year examination of the business revealed some changes that needed to be made.

The regulator says it will keep an eye on issues like cybersecurity and cryptocurrencies.