Compliance

Here's what the brokerage industry's disinformation-mongers might be telling senior brokerage executives.

As additional regulations are anticipated this year, the industry is beginning to aggressively seek to defragment the technology, data and services most critical to improving business performance and reducing operational and reputational risk.

In laying out exam priorities for 2015, regulators cite mounting complexity of products and services in the retirement space.

Judge has yet to rule on board's request for summary judgment; if granted, the parties would avert trial.

Anastasios "Tommy" Belesis, the former head of John Thomas Financial, was barred from the brokerage industry for life by FINRA for trading ahead of clients' orders.

The IRA contribution limit in the U.S. is $5,500; Canada's limit is $20,000. If an investor is willing to put away that much money, why not allow it, one write asks.

Advisors in the Midwest and on the West Coast noticed information from their accounts on Pastebin, a website notoriously used for posting hacked or leaked information.

Years after being barred from the industry by FINRA, a former LPL broker is heading to prison for embezzling more than $250,000 from mostly elderly clients.

Many firms manage the distribution of summary prospectuses and upkeep of the related websites in-house via a painstaking manual process. However, these firms may not be aware of how much this effort is costing them and whether they are truly complying with Rule 498 and delivering a positive investor experience.

The breach illustrates the danger posed when just one employee has unauthorized or unsecured access to sensitive information, as well as the ongoing threat to financial institutions from insider theft.

The firm was sanctioned for failing to review the incoming and outgoing email correspondence of its registered reps.

The former lead counsel in the board's defense of its case against two Florida planners has moved in-house as general counsel.

Failure to align business practices with a client's needs may invite scrutiny, the regulator warned.

New laws this year likely will have an impact on retirement savings as the government faces population aging and public pension concerns.

A fired Morgan Stanley financial advisor accused of stealing client data never intended to sell the information and "is extremely sorry for his conduct," his lawyer said.

The event reminds firms, advisors and clients of the ever-evolving threat of data breaches. Here's what advisors should do.

Morgan Stanley fired an employee it said stole data, including account numbers, for as many as 350,000 wealth management clients and posted some of the information online.

This year will bring more municipal advisor and secondary market transparency regulation, while a newly Republican-controlled Senate could lead Congress to scrutinize and possibly ease existing laws and rules.

Two changes will come into effect by July -- an alternative capstone course, and a broadened definition of experience requirements.

Morgan Stanley is in talks with the U.S. to resolve an investigation into the bank’s creation and sale of mortgage-backed bonds, the latest in a string of Wall Street cases tied to the 2008 financial crisis, a person familiar with the matter said.