Risk

With the broker behind bars since last year, the firm has paid nearly $2 million in client restitution and a regulatory fine over its mishandling of the account.

While diversification is hot again, these funds haven't always managed to work as advertised.

The wirehouse fabricated the terms of its recruiting bonus loan and client churning allegations against Anil Bhandari, he said in his first interview on the case.

Midsize wealth manager Kovack Securities and its CEO settled two matters last month dating to his time as a member of FINRA's Board of Governors.

IFS Securities once had about 150 financial advisors and 20,000 clients. Now it's seeking millions it owes third-party firms three years after it shut down.

The firm terminated the longtime financial advisor. But experts say that isn't always a best practice, and many female professionals continue to report abuses.

Alpine Securities has added to its long docket of run-ins with regulators over the last several years, alleging the SEC is piling on.

The company's CEO offered a rare perspective on what the industry can learn from it.

An ex-Woodbury Financial advisor faces 10 felony counts as the industry and regulators keep working on getting better at detecting and preventing scams.

Reformers and supporters of the existing system are already lining up on either side of the fight as the regulator follows up on its pledges to pursue changes.

The publicly traded holding company completed the latest of more than 1,000 brokerage shutdowns in the past decade.

The regulator provided a detailed listing of practices subject to tougher client-care standards for disclosure or outright elimination.

A Mexican-American couple who sought safety and diversification north of the border say they found fraud, negligent supervision and concealment.

The SEC is issuing stark warnings about the funds, even though it approved them for investors.

Rising inflation and heightened market volatility have many clients rethinking risk tolerance.

Let them know how — and how hard — you are working to secure their financial goals amid volatile markets.

Alongside other firms recently disclosing major regulatory cases, the Swiss bank is cooperating with an investigation by the SEC and CFTC.

The RIA’s customers didn’t receive adequate explanation of its conflicts of interest from no-transaction-fee mutual funds, the regulator says.

Enforcement Director Gurbir Grewal said the answer to the question of whether the rule has changed anything “remains to be seen.”

Commissioner Hester Peirce said an enforcement matter relating to a million-dollar fraud case fits a “sound” framework for charging compliance officers.