Her hospitalized client's accounts had more than $14 million in transactions over a nine day period, according to FINRA.

“We all agree a conflict could arise in the future,” Schweiss says. “There are ways of potentially dealing with that.”

The IRS estimates it sent about 113.4 million refund checks to taxpayers, down from 116 million sent a year earlier.

The regulator’s expanding number of share-class cases fill in the details it says have been missing from Form ADV disclosures about conflicts of interest.

The advisor advocate’s’ term, to begin in 2021, also will focus on increasing FPA membership.

The cases allege unsuitable recommendations of LPs issued by affiliates of GPB Capital, which faces multiple investigations.

BrokerCheck is potentially missing critical information clients need to evaluate brokers, investor advocates say.

In a little-noticed rule change, mutual funds no longer disclose their shrinking BD commission load-sharing payments.

Carolyn Clancy, head of the BD segment, says its 200 client firms need more tools and capabilities in a new era of wealth management.

The guidance is the first since 2014 and comes as tax auditors are increasingly focusing on examining individuals with cryptocurrency investments.

More than 11,000 advisors have earned the education provider’s AIF designation.

Who guards the guardians? Regulators, yes, but as CFPs we must also police ourselves

The change, the regulator says, will facilitate greater competition and innovation in the ETF marketplace, leading to more choice for investors.

Since this March, almost 100 firms have settled with the regulator for approximately $173 million. Other cases are still pending.

The tax basis can change when homeowners compute depreciation, loss or gain for sales purposes.

CFPs aren’t excused from acting as fiduciaries — even if they work at a firm that requires them to recommend proprietary funds.

Without the marital deduction, a certain category of married clients will have challenges inheriting property outright.

In five bite-sized offerings, Chairman Jay Clayton fails to tell the public what it needs to know about RIAs vs. brokers.

Although FINRA cannot investigate potential wrongdoing by these former employees, state regulators are expected to do so.

A patented structure allows ETFs to report once a quarter in an effort to protect their intellectual property.