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

A roundup of the bits of wealth management news you might have missed over the last week.

Firms like Morgan Stanley, Goldman Sachs and Commonwealth have made changes under the rule, but the SEC is sending tough and vague messages.

Regulators and industry insiders talked about the hottest topics in fintech during FINRA’s annual conference.

In a symposium, SEC Chair Gensler voiced concern about the technologies’ possible conflicts, biases and systematic risks.

More financial advisors are accusing independent wealth managers of acting like wirehouses and other employee brokerages upon their departures.

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.

Alternative investments such as leveraged or inverse ETFs, complex exchange-traded products and options remain areas of concern to the regulator.

The head of Wall Street’s top derivatives regulator said that financial market regulators are considering steps to rein in the crypto market if Congress doesn’t pass legislation.

Twenty months after a strange attempted theft outside of a New Jersey home, authorities arrested the 28-year-old employee of a Red Bank-based firm.

Experts say combining the right tech with human know-how can help small firms keep up with their massive counterparts.

While the regulator claims stricter access and education requirements may protect retail investors, it’s argued that financial advisors can do a better job.

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.

A 38-year veteran financial advisor won a significant award in FINRA arbitration after a brokerage claimed he made unauthorized trades.

Critics of FINRA’s current system for removing client complaints from brokers’ records are seeking to vacate an arbitration award.

The wirehouses respectively ran afoul of requirements related to two industry recordkeeping systems over roughly three years, according to FINRA.

Despite earlier alerts and a wave of cases related to the LJM Preservation & Growth Fund, the regulator sees “continuing” deficiencies.

James Iannazzo will sidestep criminal charges and enter a rehabilitation program that puts him under supervision for one year.

Seniors lose more than $3 billion each year in financial scams. A panel looked at how they can protect themselves, and how trustworthy advisors can help.

The regulator is asking for adoption of the proposal it put on hold last year while opening discussions for other improvements to the process.