Compliance

An advisor kept working with clients, and impersonated others on phone calls with Schwab, the SEC says.

The latest revelation of misconduct comes as the bank tries to overhaul its internal culture after two years of lawsuits, investigations and fines.

The policy had been under review after a federal appeals court vacated the fiduciary rule earlier this year.

Robert Graham allegedly solicited clients into risky investments, which he directed to his private company. He is the ex-chief of the Arizona Republican Party.

The brokerage firm is holding off on making major changes while regulatory frameworks shift once again.

State Treasurer John Chiang says that Wells Fargo is keeping patterns of abuse hidden from view by resolving customer disputes through private arbitration.

The firm "deprived its clients of unbiased financial advice," the regulator says.

Violating this FINRA rule has extremely serious consequences including termination and disciplinary action.

The bank disclosed earlier this month that it faces a U.S. inquiry into its purchase of low-income housing credits.

The IBD network disclosed the renewal of its clearing agreement, along with three firms’ intention to self-report possible mutual fund violations to the SEC.

Firms designated as “taping firms” due to the high number of brokers they hired from disciplined firms may soon have their status as taping firms disclosed in BrokerCheck.

An overreliance on disclosure isn't enough to protect clients from bad brokers, the investor advocacy group says.

The rep accepted two loans while employed at Robert W. Baird and later neglected to disclose them to Citigroup Global Markets, FINRA claimed.

The barred onetime Questar Capital and Woodbury Financial rep had pleaded guilty to the scam, which he says stemmed from a gambling addiction.

The firm filed a motion arguing one of its ex-brokers did not challenge the proceedings until after the panel ruled against her.

The regulator accused the four firms and the Advisor Group network of supervisory failures in sales of L-share VAs in separate but near-identical cases.

At least 17 individuals invested $13 million in the scheme, and many lost 'substantial portions' of their life savings, prosecutors say.

The dispute centered on the firm’s handling of Puerto Rican municipal bonds.

When do promotional materials rise to the level of an official “recommendation” and thereby require additional disclosures by brokers?

The rep helped the customer conceal the true source of funds into his accounts, FINRA claimed.