Fraud prevention

The firm's latest supervisory case involving its oversight of former brokers comes as regulators and client attorneys have more tools under the 2-year-old rule.

Securities America has paid more than $15 million in an SEC case and settlements with the fraud victims of Hector May and his daughter, Vania May Bell.

A basic scam victimizing a client who has since been diagnosed with dementia evaded any red flags for eight years, according to the SEC.

Young investors are increasingly turning to TikTokkers and YouTubers for stock tips, often with bad results. Here's how advisors can steer them away.

The company's CEO offered a rare perspective on what the industry can learn from it.

An ex-Woodbury Financial advisor faces 10 felony counts as the industry and regulators keep working on getting better at detecting and preventing scams.

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

With recent cases as teachable moments on what not to do, two of the top cops on the wealth management beat offer lessons to the industry.

In a panel held by NASAA, experts from giant wealth managers explained how reps and their teams often serve as the first line of defense.

Barred broker Dain F. Stokes faces a criminal rap after raising hundreds of thousands of dollars for the phony philanthropic project, investigators say.

A broker and a sales associate from his office face separate cases that have resulted in at least $1.18 million in payouts from their former firm.

The WilmerHale partner discussed Regulation Best Interest, fraud detection and other industry compliance issues.

Defense cites a heart condition caused by a Brazilian parasite as a reason for lesser time.

Production companies claim fraudsters bilked them out of $3.5 million under the bank's watch.

With the board still conducting a hiring search, the strategy for fixing past problems and returning to revenue growth remains in flux.

Firms need to consider new "fraud mitigation strategies," according to a new study.

Chuck Person persuaded student-athletes to form illegal business relationships with at least one financial advisor.

All 83,000 CFPs certification information is now published via the same technology that underlies fast-proliferating cryptocurrencies.

The firm has jettisoned a longtime strategy of growing its own leaders.