The rule is needed to protect retirement savers from conflicted advice, Democratic lawmakers said.
Recent AI advancements help criminals more realistically impersonate customers.
The bank accused Zakriah Gardezy of stealing confidential client information when he moved to Wealthstone.
The firm and its advisor subsidiary kept clients in short-term products for too long, Finra said.
A Finra panel found these ex-advisors' deferred compensation was protected by ERISA.
The decades-old system for how US agents are compensated has long been controversial.
Hightower says Lars Knudsen was violating his post-sale agreements and creating a hostile work environment.
Three brokers who worked for the company in Abington, Pa., shared the Finra award.
The agency is getting more strict about what it considers an investment recommendation, attorney Fred Reish says.
Telos Investment alleges Hightower breached its contract and poached its clients to inflate its potential sale price.
The New York-based firm has repeatedly said that it doesn't boycott the energy industry.
The embattled firm promised interest payments on crypto assets it borrowed before the crypto collapse of 2022.
The lawsuit is part of an ongoing GOP campaign against ESG initiatives.
Even AI engineers have a problem conveying how the technology works, the regulator said.
A trade group coalition wants to restore a rule implemented in 2021.
The increase was directly tied to client complaints arising from the 2022 market slump, the company said.
Spouses can argue they had nothing to do with their partners' tax misdeeds, but it's not easy.
The legal assault on corporate diversity initiatives is gathering steam.
At least one of the suits is requesting that a judge block the deal until the issues are resolved.
Schwab, Fidelity and financial industry trade groups said the move is long overdue.