SEC, FINRA Enforcement: Swiss-Based Firm Bilks U.S. Investors of $11M
Meanwhile, FINRA fined Deutsche Bank Securities for deficiencies in its lending program while Argentus Securities was censured and fined on AML failures.
SEC, FINRA Enforcement: Muni Firm Fined Over Sports Ticket Gifting
Meanwhile, FINRA censured and fined Wells Fargo Advisors over undetected unauthorized fund transfers, and the SEC froze assets in an oil and gas scheme.
SEC, FINRA Enforcement: Texas Couple Busted in Green Card Investment Scam
Among other actions, the SEC charged a woman in a bail-bond scheme and froze assets in a bill-collection scam to pay alimony and child support.
Preparing Your Clients for the Digital Afterlife
Estate planners have started to see more clients’ digital assets outlive them, and they’re now tasked with helping families manage that digital legacy.
8 Back-to-School Planning Tips for Advisors (and Their Clients)
A chance for advisors to connect with the next generation...
401(k) Trustee Matthew Hutcheson Sentenced to 17 ½ Years
The Idaho-based trustee and fiduciary was also ordered to pay his victims $5.3 million in restitution.
Expat Americans, Foreign Banks Heave Under IRS Pressure
FATCA, newly delayed until July 2014, will require foreign financial institutions to report on U.S. citizens’ holdings or pay a steep withholding tax.
Your Clients and Their Children: Solutions to Joint Bank Accounts
Here are three less risky, more efficient solutions to an aging parent's wish to make bank accounts into joint accounts with their children.
Online Donations Surged in 2012
Online donations to U.S. nonprofit groups are growing much faster than other types of gifts, according to new research by The Chronicle of Philanthropy.
Your Clients and Their Children: The Problems With Joint Bank Accounts
Some of your older clients might want to make their bank accounts into joint accounts with their children. Understandable, but perhaps not wise.