Advisor’s ‘Mafia the Movie’ Scam Not a Hit With SEC: Enforcement
Meanwhile, FINRA barred three brokers, one for excessive trading and two for failure to supervise.
The Terrible Twos: The Key Decision Point for Advisory Business Growth
The advisory business has matured to the point where more than a few businesses have reached $1 billion in client AUM. That’s the good news.
Vanguard, TD Ameritrade Cheer DOL’s Move to Delay Rule
The CFP Board, however, says the delay is unnecessary.
DOL Seeks 18-Month Delay for Fiduciary Compliance
The Labor Department has requested a delay for the best-interest contract exemption and two other PTEs.
SEC Busts Advisor in AUM Inflation Scheme
The advisor falsely claimed SEC registration eligibility and solicited clients using false paperwork, the regulator says.
IRA Rollover Traps Lurk Under DOL Fiduciary Rule
Advisors must proceed with caution when discussing a client’s existing retirement assets to comply with the rule or avoid its application entirely.
Kestra to Buy H. Beck, Add 600 Reps & Launch Robo
CEO Poer says seller Securian is not exiting the broker-dealer business and will keep ownership of another BD.
Advisors Focus on Markets and Downside Protection: Fidelity
The latest Fidelity Advisor Investment Pulse also finds that advisors are far less concerned about interest rates.
Lawyer Tells What Really Goes On in FINRA Arbitration
Kevin Galbraith tells ThinkAdvisor about online dating fraud, broker bonus disputes, Form U5 woes and other matters he brings before the FINRA panel.
Cappex.com Launches Free Multi-College Application Platform
Students can apply to multiple participating colleges at no cost.