Anthony Diaz faces 220 years in jail for filing paperwork inflating clients’ net worth
The firm also will disgorge almost $9 million over misstatements about its futures fund
The massive changes to the rules around retirement savings are creating opportunities for advisers
This year, independent broker-dealers will be watching such trends as merger madness, competitive recruiting costs and the arrival of Reg BI
Anthony Diaz faces fraud charges stemming from sales of REITs and annuities
As he announces his retirement, Stevens defines the trade association’s hallmark during his tenure: ‘We try to bring facts to the table.’
Kerry Wills also accepted $19,500 in luxury travel gifts he didn’t disclose
Group says Reg BI enforcement probably won’t draw same criticism as share-class crackdown
The risk tolerance technology provider debuted new Reg-BI compliant workflows at the FSI conference
Three salesmen barred for selling the Woodbridge Ponzi scheme still have state licenses to sell insurance
The Massachusetts rule would impose fiduciary duty on financial advisers in the state
But that could change under a new proposal that would scrap the current system, which taxes estates, and instead require heirs to pay income tax on the money they receive
The agency highlights specific examples of firms' cybersecurity and operational resiliency practices
Banks and insurers could be early movers, and there will be opportunities for advisers to scale their businesses
Ten plaintiffs have teamed up in a class action alleging that the insurer misled contract holders about the performance of its proprietary indexes
The Office of the Comptroller of the Currency's complaint against the bank documents the sales abuses that pervaded Wells' nationwide branch network
Kari Bracy was a no-show with Finra for its investigation into the matter
The SEC obtains an order to return funds to more than 200 investors
A Finra arbitrator ruled that a customer dispute from 2004 should be removed from his record
Former CEO John Stumpf agreed to a $17.5 million penalty and an industry ban
