Law and legal issues

The broker persuaded clients to write checks payable to him, the regulator claims.

IRA balances are up, and so are divorces, particularly among baby boomers. These so-called gray divorces have roughly doubled over the past 25 years, according to the Pew Research Center.

Experts say such cases are commonly filed by advisors yet difficult to win.

David Bahnsen told the president that that Milken’s prosecution was a result of “a period of class envy run amok.”

Payouts from advisory firms have reached nearly $80 million as the regulator targets excess fees.

The RIA rep fabricated account statements and used forged letterheads as part of the deception, investigators say.

The IBD aims to be a 17,000-strong firm, but not every advisor will want to join up, experts warn.

An advisor questions a witness’s qualifications.

While her performance at the bank has been exemplary, she was denied opportunities that directly affected her pay, the advisor claims.

The mishandling of the two former employees’ complaints, detailed in documents and by former OSHA officials, raises questions about the government’s treatment of whistleblowers throughout the financial services industry.

Louis Blazer III used client funds to finance 'Mafia the Movie,' according to the complaint.

The advisors collected $1.7 million by fraudulently pushing variable annuities, investigators say.

A judge issued a ruling after intensely scrutinizing advisors' emails and text messages to clients.

The Swiss wirehouse hit the founding partners of an $8 billion firm with a lawsuit.

The rep claimed the firm misled him when they recruited him from PNC Bank.

Regulators are contacting the bank after financial details of some 50,000 clients were inadvertently sent to an outside party, according to a person with knowledge of the matter.

When and how are former employers allowed to file? Attorney and compliance expert Alan J. Foxman explains.

The agency plans to split the award between just two people who reported the bank’s product-pushing tactics.

The magnate's fallen empire included RCS Capital, the onetime parent of Cetera Financial Group.

The firm has collected more than $1.1 million in arbitration cases so far this year.