Compliance

As more wealth management companies roll out cryptocurrency resources for advisors, here’s what’s still holding some planners back.

A barred broker’s alleged version of the “infinite banking” strategy recommended that clients liquidate their 401(k)s or IRAs to buy variable annuities.

The Financial Services Institute blasts the move and won't rule out legal action to reinstate the more favorable Trump-era regulation.

Early comments from Chairman Gary Gensler have thrown cold water on speculation that the regulator would quickly approve a crypto fund.

The litigation reveals how wealth managers’ deals with product sponsors work and how one with a former Voya unit went awry.

In releasing their annual snapshot, state securities agency officials pledged to provide clarity around the compliance headache for small practices.

Peggy Ho built the rival firm’s government relations team, and she’s joining the new firm at a pivotal time in wealth management regulation.

The legislation re-introduced in Congress could give more clients the option of seeking damages through the courts.

Advocates hope the Labor Department's first clarification on the Trump-era advice rule is the beginning of a series of steps to improve advice standards.

Amanda Daugherty accused the wealth manager of gender-based discrimination and unlawful termination.

The 37-year veteran advisor’s settlement with FINRA is the latest phase of a two-year saga involving a father-son team at an Indiana practice.

One former rep is responsible for more than 80% of the firm’s sales of the defunct LJM Preservation & Growth Fund.

Anthony Diaz began the sentence immediately after a hearing in which a victim said he should “rot in hell” for the felonies.

Rule 11870 permits member firms to use them rather than obtaining an affirmative authorization from the client — in certain situations.

After obtaining documents through FOIA requests, FP’s Jessica Mathews explains the larger industry implications of one firm’s internal investigation.

The wealth managers paid victims restitution prior to one barred rep’s guilty plea and another one’s sentencing.

Experts say financial advisors can stay compliant with their BD while tapping into the leads and new clients attracted by quality web pages.

The broker allegedly spent his client’s money on luxury items then pivoted to a Medicare fraud scam a couple of years later.

Three recent criminal cases raise concerns that wealth managers and regulators aren’t detecting alleged fraud quickly enough or disclosing basic information about crimes and disciplinary problems.

The rare move to set aside the regulator’s ruling came more than a decade after the rep ran into trouble by adding notes about his client into a software program.