Family dynamics can muddy an otherwise clear situation.

Approximately $4,500 was used to sponsor a cricket club via a shell company, authorities say.

Robert Cook said wealth management firms "must do their part."

He confessed months after he was caught with 136 pounds of marijuana, investigators say.

Experts stress that advisers are on the frontlines in detecting when senior clients suffer from diminished capacity or fall victim to abuse.

The investor received 15 months in prison after pleading guilty to wire fraud.

The new recruit joins after the regional firm paid $150 million to settle a lawsuit brought by an SEC receiver.

On the heels of a record-breaking year in enforcement, the regulator takes aim at cybersecurity, anti-money laundering policies and protection for senior clients.

The settlement is the third major regulatory payment the BD has incurred in the past year. A branch manager associated with the Jay Peak case has also left the firm.

A roundup of planners and brokers who drew regulatory scrutiny for alleged misconduct.