Arbitrators denied Jason Lee Seifert's counterclaims, which included fraudulent inducement, constructive fraud and negligent misrepresentation.

Sifma, the U.S. Chamber of Commerce and others want an extension of a temporary enforcement policy on exemptions.

The North American Securities Administrators Association says close to 60% of state-registered investment advisor firms don’t have the proper policies and procedures for preventing the financial exploitation of seniors.

Like Robinhood Financial, Revolut will earn money from payments for order flow.

The Securities and Exchange Commission says Berthel Fisher & Company Financial Services allegedly violated mutual fund share class selection rules from 2014 through March 2018.

Merrill Lynch Wealth Management's president has acknowledged that the various changes in the unit have frustrated its advisors, Business Insider reports.

The regulator alleges that the company misallocated bonds meant for institutional customers and dealers.

The firm tells Barron’s that the higher fees will apply to individual investors and will go to cover record-keeping and other administrative costs.

Anthony DeJohn allegedly claimed he traveled out of town to meet clients when he used his corporate card to pay for bus passes for his daily commute.

Other broker-dealers, such as Stifel Financial, RBC Wealth Management and Ameriprise Financial Services, will also likely keep their compensation plans steady, a recruiter says.