Some applicants claimed to have gained years of investment experience just days after an initial application was denied.

German Nino concealed fraud losses totaling $5.8 million through fake account statements and other doctored documents, investigators say.

Vanguard’s cut in investment minimum left smaller accounts holding the tax bag

A client received damages, interest and attorney fees as wealth managers await more fallout from a major fraud case.

Saifr’s technology flags risks and compliance issues in documents, social media posts and videos before they are sent for review.

FINRA alleges the firm failed to maintain control of billions of dollars in securities and spent more than a decade inaccurately disclosing potential conflicts of interest.

CEO Robert Cook discussed the regulator’s priorities for 2022 as clients and the industry await action in three key areas.

Clients with a dispute against their advisor are often compelled to pay upfront for arbitration, which is unfair, write attorneys Christine Lazaro and Michael Edmiston.

A 53-year veteran broker who filed a complaint as a client after airline stock values plummeted has received a $595,000 settlement.

The regulator has charged about 100 other wealth managers with failing to explain 12b-1 fees tied to their mutual fund recommendations.

The organization overseeing the most prominent planning certification answers critics who say it’s falling short of its mission.

Raymond James resolved a million-dollar arbitration claim that won’t appear on anyone’s BrokerCheck, thanks to the panel’s decision.

A shareholder advocacy group found that a startling number of funds fail to adhere closely to their environmental, social and governance principles.

The combination of technology and rising client interest in digital assets are ratcheting up the risks to investors, according to NASAA.

The wirehouse reached an agreement with an SEC-appointed receiver and a state regulator in connection with a massive EB-5 investment scheme.

While the giant wealth manager has won the balance of 23 decisions so far, it’s facing a wave of cases seeking hundreds of millions in damages.

The midsize wealth manager racked up millions of dollars in sales of an alternative product without adequate due diligence, according to FINRA.

Like their cryptocurrency cousins, non-fungible tokens are generating market interest, and tax confusion.

A self-reporting program on 529 plan share classes yielded five more settlements, and wealth managers agreed to pay a combined $15 million.

A committee says summaries provided by firms are full of jargon and readability issues. But fiduciary and plain-language experts say Form CRS itself needs an overhaul.