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November 6, 2018

Are You Recommending the “Riskiest” of Products?
One ratings agency warns many issuers may go bankrupt in the next few years.
Democratic Takeover of House Could Spell Trouble for SEC’s Advice Standards
Meanwhile, 36 million of Americans have voted early in these midterms.
Top Five Most Heavily Fined Issues This Year (Annuities Among Them)
The five enforcement issues that were fined the most in the first half of 2018.
LPL Continues Recruiting Success
Arrow & Bow Wealth Advisors oversee around $110 million.
Former Registered Rep Charged Over Alleged $3.9 Million Fraud
Former advisor allegedly used money he raised from his clients to repay previous investors and for his own use.
UBS Zeroes in on FAs Serving Small 401(k) Plans
The move is expected to drum up more business for UBS’s reps.
SEC Obtains Asset Freeze Against Broker who Bought Super Bowl Tickets with Client Money
The broker allegedly raised at least $1 million from investors but spent the money on personal expenses.