Compliance

The advisor also beat back Wells Fargo's $200,000 in claims for breach of promissory note.

As a repository like Microsoft SharePoint grows, the firm's best content gets dumped in with all the rest - the good, the bad, and the ugly.

BlackRock issued and sold more shares than it was authorized to in its iShares Gold Trust, which could lead to penalties by regulators.

The domestic planning component of advising is likely to be increasingly regulated, and firms should use this to their advantage, Glenn G. Kautt says.

The commission also settled related charges against First Southwest, a financial advisor, for failing to document its advisory relationship with the agency for seven months.

The rep was reprimanded for allegedly failing to disclose her business involvement with a kitchen-cabinet installation company in Florida.

FINRA's BrokerCheck shows that 7% of advisors were disciplined for misconduct, including putting clients in unsuitable investments and trading on client accounts without permission, a new study says.

With a proliferation of mobile devices, developers are offering tools that keep compliant records of all types of digital communications.

ETFs may be so complex and subject to such volatility that they require a distinct set of rules from equities, suggested SEC Commissioner Kara Stein.

A manager of an errant broker finds himself the target of regulators and asks our compliance columnist: What could I have done differently?

In 2015, FINRA slammed offenders with $46.3 million in sanctions for suitability-related infractions, nearly six times the $7.9 million it imposed in 2014.

The service shares the 12 most egregious tax scams of the year.

Few investors receive arbitration awards, PIABA says, while proposing a national recovery pool.

SEC officials warn many advisors and brokers have next to no cybersecurity policies in place, exposing them to data breaches and potential enforcement actions.

The client originally sought $18 million for breach of fiduciary duty and churning among other alleged wrongdoing.

Asset managers that stay on top of regulatory demands not only keep authorities happy, they gain a competitive advantage against other firms, says one fund administration executive.

During the transition in independence, avoid running afoul of legal breaches and other quicksand that can drag you down.

Few independent firms will be unaffected by the change, and if they don’t get cracking, they may "find themselves in a costly and time-consuming game of catch-up," argue Robert Cirotti and Gabriel Garcia of Pershing.

As part of a multi-year initiative, the commission has unearthed numerous deficiencies in how advisors and brokers work with and market to clients planning for retirement.

One impersonated a client, another grabbed client funds via ATM withdrawals and a third stole from a nonprofit, FINRA says.