Fee disclosures

A case involving Moors & Cabot's explanations about its conflicts of interest from cash sweeps signals how the regulator's actions are ramping up.

FINRA warned brokers in its latest annual report about not being fully up to speed with the client-care rule.

CapWealth Advisors founder Tim Pagliara said a federal jury sided with the firm because its clients had, in fact, paid lower overall fees on their mutual funds.

Midsize wealth manager Kovack Securities and its CEO settled two matters last month dating to his time as a member of FINRA's Board of Governors.

A little-noticed change to "overflow" money will push down customers' yields at a time of rapidly rising interest rates — unless they opt out.

The regulator provided a detailed listing of practices subject to tougher client-care standards for disclosure or outright elimination.

The RIA’s customers didn’t receive adequate explanation of its conflicts of interest from no-transaction-fee mutual funds, the regulator says.

The firms respectively settled the regulator’s allegations about suspicious activity reports and the duty of best execution — two major areas of emphasis.

Alpine Securities will seek to overturn a FINRA finding that it saddled clients with “unreasonable” fees and converted accounts without authorization.

The regulator didn’t provide any explanation for the much larger payout, but it did release another similar settlement the following day.

Despite industry criticism, the regulator’s ongoing wave of cases has expanded into allegations that wealth managers breached their duty of best execution.

The cuts continue a trend that started 20 years ago.

The regulator has charged about 100 other wealth managers with failing to explain 12b-1 fees tied to their mutual fund recommendations.

The firm faces an additional penalty after it didn’t participate in the regulator’s self-reporting initiative.

In the wake of the regulator’s latest risk alert, compliance experts identify several steps advisors can take to stay clear of more cases and deficiencies.

Higher internal expenses in mutual fund share classes came with much lower overall advisory fees in wrap accounts, the firm argues.

The firms agreed to censures, the settlement payments and to cease-and-desist orders tied to their alleged misconduct.

The case against Centaurus Financial comes after the industry and consumer advocates decried the previous administration’s approach for different reasons.

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

The moves come just one day after BlackRock announced reductions on $7.6 billion of its style funds.