Latest Issue Cover
Home » Financial Advisor » FA Online » Channels » YOUR BUSINESS » Legal & Compliance

Legal & Compliance

[1]  1 2 3 4 5 6 7 8   [299]

Congressional Bill Would Ban Mandatory Arbitration For Advisor, Broker Clients

by

Under the legislation, investors would have the right to choose between arbitration and court action.

Ameriprise Advisor Arrested For Alleged Role In Jan. 6 Capitol Riot

by FA Staff

Lee Giobbie of Eastampton, N.J., was one of the first rioters to breach the Capitol building, prosecutors said.

Investor Advocate Groups Unite To End Forced Arbitration In RIA Biz

by

The groups have formed a coalition to upend a dispute resolution system they say is "stacked against investors."

Barred Wisconsin Broker Indicted For Alleged Wire Fraud

by

Robert C. Starnes moved $72,000 in client funds to personal accounts, federal prosecutors said.

FSI Could Ramp Up Another Suit Against DOL Fiduciary Rule

by

The trade group's president said its appeals to the Department of Labor have fallen on deaf ears.

Securities America Appeals $95K Finra Arbitration Penalty

by

The company is arguing a Finra arbitration panel incorrectly awarded damages to one of its former brokers.

Experts Debate The Fate Of Small RIAs

by

A look at the diversity of different RIA models reveals many are growth-challenged.

FSI Asks SEC To Police “Regulation By Enforcement”

by

New white paper asks regulator to create policies and internal audits to eliminate unfair practices.

Citibank Sued By New York State Over Online Fraud Safeguards

by

The bank is accused of failing to sufficiently protect customers from fraudsters.

Ex-Morgan Stanley Broker Criminally Charged For Alleged $3.5M Fraud

by

Jesus Rodriguez of El Paso, Texas, allegedly robbed the accounts of 10 clients.

Hedge Fund Demands $100 Million From Its Compliance Team After SEC Probe

by

Chatham claims the outside consultant failed to prevent trading practices that ran afoul of authorities.

Aon Investments Fined $1.5M Over Incorrect Pension Statements

by

The faulty performance statements caused wide-ranging disruptions for the Pennsylvania pension fund, the SEC said.

SEC Ramps Up Investor Protections For SPAC IPOs

by

The new rules require enhanced conflicts disclosures and guardrails for earnings projections.

DOL's Fiduciary Rule Will Cost Advisors $2.7B In First Year, FSI Says

by

That's 11 times more than the agency has estimated, the independent broker-dealer industry group said.

J.P. Morgan Sues Ex-Advisor, Accuses Him Of Poaching Clients

by

The wirehouse alleges Nader Joseph Al-Mooshi is soliciting a group of its clients that is worth $420 million.

SEC Probes B. Riley Deals With Client Tied To Failed Fund

by ,

Regulators are investigating the firm's relationship with a client linked to a securities fraud.

Wells Fargo Fined $425K For Trade Disclosure Failures, Finra Says

by

The bank failed to report exact prices on millions of client trades, the regulator said.

Wall Street Counterattack On Gensler Hits SEC's Foundations

by

Lawsuits challenging the commission and its powers are striking at the very foundations of the SEC.

Advisor Gets 18 Months For Ripping Off NYC Police Union

by

The advisor and the union's president conspired to steal money from the fund for eight years.

Robinhood To Pay $7.5M Fine To Mass. Over 'Gamification' Strategies

by

The trading platform used lottery-style scratch-off tickets and other gimmicks to attract investors, regulators said.

[1]  1 2 3 4 5 6 7 8   [299]