Wells Fargo Tells Court: FA Responsible for His ‘Emotional Distress’
Mohamed Shoukr claims the firm failed to intervene in a dissolution of a team that favored a "mediocre white" financial advisor with racist views.
September 21, 2021
Finra Suspends, Fines Ex-Merrill Broker Charged with Marijuana Possession
Shaiful Chowdhury allegedly failed to disclose as required that he was charged with possession of a controlled substance.
Arbitrator Sides with FA: LPL’s Thick Compliance Manual Reason for Slip-up
The arbitrator found it credible that Bradley Ross Thompson had missed a point about personal loans in the firm’s 251-page compliance manual.
Regulatory Inaction, Market Fairness Bigger Concerns Than Gamification
The Securities and Exchange Commission’s request for comments on digital engagement practices was an opportunity for many commenters to complain.
Choosing the Right Asset Managers, Investments for Your Clients
"We really kick the tires and dig into the details," according to Sonya Morris, managing director at Harbor Capital Advisors.
Fidelity Urges SEC to OK Bitcoin ETF in Private Meeting
The company met with the regulator to argue in favor of offering investors direct exposure to Bitcoin rather than through Bitcoin futures-based products.
New Child Tax Credits Spur Bigger Contributions to 529 Plans
Families plan to put some or all of the newly expanded tax credit toward an existing account or use the funds to open a new one, according to a recent survey.
MAI Capital Expands Mid-Atlantic Market, Sports Clientele with New Deal
The acquisition involves Geier Asset Management and its affiliate.