Regulation and compliance
Regulation and compliance
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Black employees at the firm say lucrative client accounts were often steered toward financial advisers who weren’t black.
January 3 -
While clients have only pulled a net 2% of assets so far,some have predicted the industry would shrink by roughly a quarter over the next year.
January 3 -
How the new regulation will affect a planner’s advice.
December 29 -
Critics say the regulation's costs and hurdles will hurt advisers. But there's another side to the story.
December 27 -
The brokerage firm processed a number of securities transactions that facilitated conversions of foreign currency from or into U.S. dollars, FINRA claimed.
December 27 -
The adviser had been employed with the firm for seven years prior to her dismissal, and had no disclosures on her BrokerCheck record.
December 22 -
Charles J. Dushek allegedly made trades without designating in advance whether he was trading personal money or client assets.
December 21 -
The industry's trajectory is being permanently altered. Here's why.
December 21 -
The regulator said "significant deficiencies" affected hundreds of millions of records.
December 21 -
The firm was accused of using transactions with an affiliate to reduce the amount it was required to keep in its customer reserve account.
December 21 -
Millions in clients' funds was steered into a sports ticketing business.
December 20 -
The former federal prosecutor is the president-elect's pick after vetting a handful of candidates, said a person with knowledge of the matter.
December 20 -
The reductions cover six of the firm's 17 multifactor offerings.
December 19 -
Dan Moisand's firm joins the Institute for the Fiduciary Standard's new listing. Moisand is a former CFP Board official and ex-president of the FPA.
December 19 -
Her proposal to expand a probe into possible sales abuses was met by resistance from an executive who didn’t want to alienate the bank.
December 19 -
Since 2014, the bank has culled 17,000 clients as tougher capital rules make dealing with many smaller firms less profitable.
December 19 -
"I lose years of my life. They can settle, write a check and move on," says an adviser whose book of business dropped by $40 million after he alleges he was wrongfully terminated.
December 19 -
The allegations come a year after the firm paid over $300 million to resolve regulators' claims that it failed to tell wealthy clients it was steering them into its own funds.
December 16 -
Will Chief District Judge Barbara Lynn be the first to rule against the regulation? Opponents of a case in Texas federal court have high hopes.
December 16 -
The bank may be on the hook for hundreds of millions of dollars in tax penalties, lawyers say.
December 16












