FINRA Fines, Suspends Avenir Financial Group, Bars Former CEO
FINRA fined Avenir $229,000 and took action against its former CEO for misconduct including fraudulent sales.
In 5 Years, Wealth Management Will Be Transformed: Roubini ThoughtLab
The detailed report shows that many financial advisors may not understand how fast wealth management will change in the coming years.
DOL Fiduciary Rule Causes Pullback on Sale of Annuities, Funds by Insurers
State Farm Insurance says it will not accept liability on the future sale of annuities or mutual funds.
Senators Grill Wells Fargo CEO Over Sales Practices
The Senate banking committee condemned Wells Fargo CEO John Stumpf on Tuesday for the bank's failure to prevent abusive sales tactics.
Wells Fargo CEO Takes Beating as Lawmakers Demand Accountability
Warren says Wells Fargo's Stumpf should resign, face criminal investigation over opening of 2 million accounts without clients' permission.
When Advisors Break Away, Cybersecurity Also Gets Broken
While breakaway advisors may have the freedom to embrace new technologies, that freedom comes with new cybersecurity risks.
fi360 Launches DOL Fiduciary Training Program
Fiduciary Essentials for Advisors is divided into five modules covering DOL fiduciary rules and fi360’s fiduciary best practices.
Financial Services Firms’ Reputation Still Shadowed by 2008 Crisis
The 2008 financial crisis continues to shape negative consumer views of the financial services firms.
Ernst & Young to Pay $9.3M to Settle SEC Auditor Independence Charges
The SEC settled what it said were the first cases of personal relationships violating the commission's rules on auditor independence and impartiality.
Paul Ryan: What to Expect if Trump Wins, GOP Controls Congress
House Speaker Paul Ryan discusses six agenda items Republicans would pursue if the party retains control of Congress and wins the presidency.