NY Attorney General Charges Advisor With Defrauding Elderly Clients
Dean Mustaphalli "squandered and looted $10 million from hardworking individuals" by investing their money in a risky hedge fund, said Attorney General Schneiderman.
Crunch Time Part II: CFP Board’s ‘D-Day’
If the CFP Board doesn’t get planners on the right side of the fiduciary issue right quick, it risks marginalizing the entire profession.
Redtail Ditches 'One-Star' App for New Mobile Experience
For many years, Redtail Technology focused on having a responsive website rather than focusing on its mobile app, and as a result the app suffered.
FINRA’s Axelrod Warns Financial Industry: Adapt or Die
Industry must meet millennial’s tech needs “if we want to avoid the looming succession cliff.”
CFP Board Announces Release Date for Draft of New Standards
Advisors will have 60 days to comment on proposed changes to the Board’s Standards of Professional Conduct.
Ex-SEC Chair White’s Chief Legal Advisor Liftik Joins Quinn Emanuel
As partner, he will focus on government and internal investigations, regulatory enforcement defense, securities litigation and cybersecurity.
Treasury Pushes Congress to Rein In Dodd-Frank, Consolidate Regulators
The Trump Treasury's first report also recommends better coordination on cybersecurity regulation.
Echelon Rolls Out RIA Valuation Business
As the DOL fiduciary rule begins, more firms will be making adjustments to products, which is likely to affect their valuations, according to Dan Seivert.
FINRA to Release More Guidance on Bad Brokers
At Georgetown event, CEO Cook says FINRA will give firms a better understanding of expectations on identifying high-risk brokers.
Barry Ritholtz Sees DOL Fiduciary Rule as a ‘Test Run’
The Ritholtz Wealth CIO tells ThinkAdvisor the rule is “a step in the right direction,” but says it's “clearly flawed.”