Compliance

An adviser at the firm squandered the aging clients' retirement money on oil and gas investments and Puerto Rico bonds, their lawyer said.

In spite of its own compliance policies, the firm failed to get several hundred clients to sign a disclosure notice that described risks associated with inverse ETFs.

The regulator rebuked the broker for excessive trading that generated more than $666,000 in commissions and fees and resulted in $397,000 in losses.

The self-regulator is modifying its much-maligned process, addressing transparency and arbitrator qualifications, among other concerns.

NorthStar communications executive Chelsey Duncan said the firm embraced this concept with the addition of a digital marketing coordinator in January.

Organization takes the case "to put a spotlight on a bank that may have engaged in misconduct more significant than Wells Fargo's."

Firms must ensure that best interest practices are part and parcel of every investment deal.

After investing millions in new platforms and preparing thousands of advisers, executives say they've come too far to reverse course.

FINRA chided the rep for following through on trading instructions received via email from bank employees without confirming the transactions with the customers.

Following a year of slowed deal activity, a PwC report addresses the added challenges managers face amid the developing economic, tax and regulatory agenda of the new administration.

Meanwhile, a prominent Republican congressman called on President Trump to delay the regulation's implementation.

‘Hey, you, get off of my cloud.’ What wealth managers should know about the risk-reward of cybersecurity.

Gold futures may see their first monthly gain since September as worries over President Donald Trump's trade policy outweighs the threat of rate hikes.

The regulator was operating with three of five commissioners before Chairwoman Mary Jo White left.

The fiduciary rule is just one of the pressures affecting the fund industry, which is why disruption is the theme of the organization's annual Strategic Leadership Forum.

Michael J. Breton admitted to using master accounts from Fidelity and Schwab to take winning investments for himself, while giving clients the losers, the Department of Justice says.

The settlement comes two weeks after Citigroup resolved similar charges with the New York Attorney General's office.

For the first time since 2008, a commission will propose long-awaited changes to the Standards of Professional Conduct. Areas under review include code of ethics and planning practice standards.

The firm is preparing for the fiduciary rule and contesting a lawsuit alleging that Raymond James allowed a $350 million fraud to be perpetuated.

The bank has made no secret that it planned to put more pressure on vendors.