LPL Shares Info on Reps Recruited in Q1
The IBD lags rivals in terms of average assets per financial advisor but says its "technology, solutions, service and resources" set it apart.
Talk of FINRA as Advisor SRO Rears Its Head Again
A Republican on the House Financial Services Committee said at FINRA's annual conference that he would "explore" legislation to give FINRA advisor exam authority.
FINRA’s Ketchum Blasts DOL Fiduciary Plan; White House Says ‘Work With Us’
FINRA CEO Richard Ketchum talked at the regulator's conference about what's wrong with the DOL plan and offered an alternative approach to putting customers first.
SEC, FINRA Enforcement: BHP Billiton to Pay $25M Over Olympics Invites
Meanwhile, FINRA has censured and fined EDI Financial Inc. for failing to have supervisory procedures in place for sales of private placements.
SEC, FINRA Enforcement: Father, Son Used Golf Emails to Hide Insider Trading
Meanwhile, the SEC charged for-profit education company ITT Educational Services with fraud.
Morgan Stanley Fined $2 Million Over Short-Sale Reporting
Billions of shares in positions weren't fully disclosed over a six-year period, according to FINRA.
FINRA Doubles Length of Suitability Suspensions, Toughens Fraud Sanctions
FINRA says it will be tougher on those committing fraud or making unsuitable recommendations and will increase suspensions for breaking suitability rules.
FINRA Arb Panel Grants $500K to Ex-Morgan Stanley Rep
The advisor, now with FiNet, said the firm had pushed him out and tainted his reputation.
SEC, FINRA Issue Robo-Advisor Warning
The regulators tell investors to consider automated tools’ limitations before using them.
LPL Names Wright to New CTO Slot
The new IBD executive reports to Chief Information Officer Victor Fetter.