The Practice: Regulatory/legal issues
-
June 23, 2016DOL Rule Could Cost Advisors $200 Billion in RolloversAlternative investment products will also likely suffer.No Comments
-
June 23, 2016Merrill Lynch Braces for SEC Structured Note Sales LawsuitCase involves notes that lost 95% of their value.No Comments
-
June 22, 2016DOL Asks Courts to Consolidate Anti-Fiduciary Rule LawsuitsPlaintiffs agree while demanding expeditious process.No Comments
-
June 22, 2016Top Advisors Favor Trump Over ClintonBut negative and neutral views weigh slightly in the ex-Secretary of State’s favor.No Comments
-
June 22, 2016NFL Quarterback Sanchez Allegedly Bilked in $30M PonziMLB pitchers Jake Peavy and Roy Oswalt also among victims of scam involving ticket company.No Comments
-
June 21, 2016Mass. Advisor Gets Nine Years for $15M FraudMeanwhile, Finra suspends former Wells Fargo advisor for unsuitable recommendations and disclosure failure.No Comments
-
June 21, 2016Finra Probes Best Interest Contract DisclosuresWatchdog vows action despite no authority to enforce DOL rule.Last Comment: July 19, 2016
2 Comments -
June 20, 2016House Committee Approves Financial Regulatory ReliefBills include amendment to Advisers Act and senior protection legislation.No Comments
-
June 17, 2016Cerulli Claims DOL Rule Could Price Out Small InvestorsRobo-advice for smaller accounts also not a sure bet.Last Comment: June 17, 2016
2 Comments -
June 17, 2016Vanguard Chief: DOL Rule Will Prevail Despite LawsuitsFund giant plans to make adjustments to comply with the rule as is.No Comments
