FINRA Expels Firm Over Reg BI Violations
By Melanie Waddell"The serious misconduct in this case exposed customers to significant risk of harm and necessitated expulsion," the regulator said.
May 12, 2023
Fake Billionaire Hedge Fund Manager Ran Ponzi Scam, US SaysThe ex-trader lied about everything from a nonexistent luxury car collection to phony 200% returns, prosecutors say.
May 12, 2023
S&P 500 Owes Entire 2023 Gain to AI Frenzy: StrategistTo trade "AI hype," investors should buy defensive-growth stocks held in top AI ETFs, a strategist wrote.
May 11, 2023
Investors Believe AI Will Help Advisors Better Serve Clients: StudyDespite the traction that AI has received, most survey participants say it will never replace human guidance.
May 11, 2023
6 Advisor Marketing Strategies That Really WorkAt a Kitces Marketing Summit, advisors discussed ways they had successfully attracted new clients.
May 11, 2023
New DOL Fiduciary Rule Plan Coming Soon, Top Official SaysLisa Gomez, the official in charge of the fiduciary rulemaking, also noted that Secure 2.0 implementation was underway.
May 11, 2023
CANNEX: Immediate Annuity Shoppers Look YoungerThe amount of annual income they're seeking has also changed.
May 11, 2023
Life Policy Buyer Sues Over Age ConflictBMI says the insurer had a duty to check and correct the insured's age.