Law and regulation

Three former advisors at the wirehouse accuse Merrill of failing to provide them with adequate support to serve international clients.

The rep opened and funded an account with an IRS tax-refund check that was later connected to a fraudulent filing.

A FINRA arbitration panel sided with UBS, which sought damages for breach of promissory notes.

Massachusetts securities authority goes further than SEC or FINRA in its examination of automated advice.

Labor Department event planned for next week.

BlackRock plans to cut about 400 jobs in what may be the biggest round of layoffs to date at the world’s largest money manager, according to people with knowledge of the matter.

A recent FINRA action against Raymond James is the latest evidence of competitive tensions in the brokerage sector spilling into alleged privacy violations.

The self-regulatory organization acted out of concern for the client who might not be aware of the important factors relating to moving their assets with an advisor switching firms.

Having good digital solutions can help advisors and clients deal with upcoming regulation, says a top Ladenburg Thalmann executive.

Bob Jain, the global head of Credit Suisse Asset Management, will become co-chief investment officer at Millennium Management.