Broker Dealers
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It's Time for a Reg BI Crackdown at SEC: Ex-Commissioner
By Melanie WaddellThe rule is falling short of its goal and Form CRS is "bad," former SEC Commissioner Robert Jackson says.
July 22, 2024
FINRA Fines Firm for Reg BI FailuresJeffrey Matthews Group had inadequate written procedures and training for reps, FINRA said.
July 17, 2024
FINRA Reminds BDs of Their Duties When Using AIA FINRA notice reminds BDs that its rules are intended to be technology-neutral.
July 15, 2024
California Advisor Charged With Child Porn PossessionThe advisor pleaded not guilty on Thursday.
July 10, 2024
Best & Worst Firms for Advisor Satisfaction: J.D. Power, 2024In an unusual finding, average satisfaction of emloyee advisors was higher than that of their independent counterparts.
July 10, 2024
Broker Violated Reg BI With Mutual Fund Switches: FINRAThe Class A share switches in two older clients' accounts led to nearly $41,000 in excessive fees, FINRA says.
July 09, 2024
Couple Sues Schwab and Hightower, Saying Fraudsters Looted Their AccountsThieves turned off electronic account notifications and stole nearly $1 million through small transactions, the suit says.
July 09, 2024
UBS to Pay $850K Fine Over Rep's Unapproved Third-Party SalesA UBS rep sold clients a "fixed annuity" offered by an entity formed by his friend, FINRA said.