Law and legal issues

A financial advisor from rival Cambridge Investment Research sought more than $1 million based on his claim that an OSJ at Royal Alliance broke the firm's rules.

The bank's delay in investigating the case forced the plaintiff to resign from the bank in July 2021, according to the complaint. Wells said that it takes allegations of misconduct "very seriously."

An arbitration panel has found Raymond James and its independent broker Kent Jackson Rhoades liable for nearly $20 million in an unfair competition case.

Relationships between a wealth management company and a law firm soured and spilled into a Quebec court.

The Wall Street firm is among the big-name companies that are in hot water with te

The Wisconsin wealth manager persuaded more than a dozen clients to put roughly $1.9 million into 'unrated, illiquid, high risk, and potentially speculative' investments. But he never made the investments.

Even if advisors get a disclosure removed from their records, the damage done online can be difficult to manage.

Gary B. Gross faces nine counts of sexual exploitation of a minor and the loss of CFP credential after he said he stumbled on old files.

Deloitte Financial Corporate's settlement over recordkeeping allegations probably would have been bitter had the company not cooperated.

The former tech entrepreneur, "Razzlekhan" rapper and accused cryptocurrency thief Heather Morgan has a new job.

JPMorgan Chase is claiming the founder of Frank, a college financial-planning site the bank acquired in 2021, defrauded it by vastly inflating the number of customers the company had.

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

The Federal Trade Commission's proposal would not extend to non-solicitation clauses, which are far more common among brokers and advisors.

Behind the broker-dealer regulator's proposed changes to its system for resolving disputes lies a lawyer's long-simmering feud.

In a decision that left out the details of alleged discrimination and tensions within the firm, a FINRA arbitration panel granted the broker's expungement request.

Christopher Parris also pleaded guilty to fraudulently trying to sell COVID masks to the U.S. government and private businesses.

Government watchdogs propose more oversight amid collapse of crypto and falling markets.

The two Black financial advisors dropped their case, but constant litigation in the industry spotlights questions over firms' pledges to change.

40 critical regulations, court decisions, laws, IRS proposals and other major changes to the tax landscape from the past 12 months.

The eight defendants in the federal investigation stand accused of making more than $100 million from manipulating stocks on social media.