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July 9, 2018

Ex-Merrill Lynch FA Says Wirehouse Didn’t Pay Her What It Owed
She seeks $50,000 in compensatory damages in addition to punitive damages and lawyer costs.
Judge Opens Way for the DOL Fiduciary Rule's Survival
A Texas judge’s order allows anyone seeking “further relief” to submit their requests until July 12.
Fee Pressure is Quickly Becoming a Major Problem for Advisors
Study shows FAs consider regulations and client expectations their top concerns.
Lawyer-FA Indicted for Alleged Role in $9M Scheme
New York AG indicts advisor over scheme that included a former judge.
SEC Charges Advisor with Running $5M Scheme
Regulator also obtained asset freezes on accounts controlled by the firm and its sole owner.
Lobbyists Who Killed the DOL Rule Target SEC’s Best Interest Regulation
Industry groups led by the National Association of Insurance and Financial Advisors want a looser definition of “advisor.”