Compliance

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.

The rep reeled in at least a dozen victims to the complex scam even though he was suspended from the industry for a different case, according to investigators.

The 33-year-old advisor allegedly spent clients’ money on luxury items and business expenses for his startup.

The troubled alts manager’s charges will trigger many more arbitration proceedings and potential regulatory cases, plaintiff attorneys say.

Documents shed light on how two brokers overseeing trainees allegedly called hundreds of phone numbers on Merrill’s Do Not Call list.

Following through on its staged approach to new advice standard, industry regulator expected to be less patient with the "laggards."

Wealth managers acting as “downstream broker-dealers” allegedly made $187 million in commissions and other selling fees on GPB Capital investments.

Consumer advocates are calling for Gary Gensler to toss out Reg BI as wealth managers aim to keep the prior administration’s rule in place.

Does a poor stock pick, for instance, constitute a sales practice violation?

A dead client, an advisor accused of murder and fraud, and an industry that didn’t see it coming.

A new committee staffed by CFP pros and others is tasked with refreshing what consequences advisors will face for failing to comply with the board’s standards.

“As of today, Wells Fargo Advisors is not allowing solicitation of those two securities,” a spokesperson for the bank said Wednesday.

Jacob Glick is accused of breach of fiduciary duty and misappropriating client funds, among other alleged misconduct.

SA Stone Wealth Management representative Gregory Frank Estes had already registered as a sex offender after a 2002 conviction, records show.

Biden's expected nomination for chairman is known for pushing back at banks and corporations in search of greater investor protections.

The 25-year industry veteran of four wealth managers and a trust company faced a charge of unlawful entry on public property.

“The sheriff is coming to the preeminent financial regulator in the world,” said Justin Slaughter, a consultant at Mercury Strategies. “It means regulation and enforcement are about to get much tougher.”

Two former FINRA employees are joining the fast-growing brokerage app.

The firm’s use of third-party compliance vendors came under scrutiny after an ex-rep pleaded guilty to bilking clients out of $5 million.

Long-awaited advertising regulations allow for online testimonials but also increased risk of audits, observers and commissioners say.