The Practice: Regulatory/legal issues
-
January 30, 2019Wells Fargo Reveals Details of its New RIA ModelFor one thing, it won't allow hybrids.
-
January 30, 2019Edward Jones Hits Record Growth Level in FA RanksThe firm’s assets under care have also grown.No Comments
-
January 29, 2019The Government Shutdown Has Delayed FAs Going IndieBut advisors who want to form their own RIA have options — even if the shutdown starts again in February.No Comments
-
January 29, 2019Finra Bars 15-Year Veteran Advisor Over Failure to TestifyAmeritas terminated the FA in December over allegations he’d used client funds for his own benefit.Last Comment: January 29, 2019
1 Comment -
January 29, 2019Wells Fargo Looks to Goldman Sachs for Wealth TalentThe move represents a shift in strategy for the firm which usually recruits from within.No Comments
-
January 29, 2019Finra is Giving Some Rule Violators a Break … For NowBroker-dealers are encouraged to review their 529 plans' supervisory systems and procedures, self-report violations and provide a plan to remediate harmed customers.No Comments
-
January 29, 2019Firm Settles Ponzi Scheme Allegations for $1 Billion-PlusWoodbridge and its 281 related companies must may $892 million while its owner is on the hook for $121 million.No Comments
-
January 28, 2019RIA M&As at Record High But There Are Red FlagsDeVoe & Company worries the market will eventually be flooded with potential sellers with no buyers.No Comments
-
January 28, 2019Raymond James Asks Appeals Court to Reject Class Action Certification of Passport Accounts LawsuitThe company tells the court clients who paid processing fees and the amounts they paid can be identified.No Comments
-
January 28, 2019Suspected Fraud Against Seniors Doubles in Five YearsThe federal government has enacted laws to make it easier for financial institutions to prevent suspected fraud, but further measures may be necessary.No Comments
1 Comment