The SEC or Congress should consider forming an independent commission to consider Finra's future.
The regulator wields enormous power over the securities industry 
with little meaningful oversight.
The Miami-based broker is also suspended for 15 days
Many of the cases concentrate on subadvisor fees.
How financial advisers can help clients face the threat of outliving retirement savings
Finra also suspends the broker, a firm lifer, for 18 months
Arbitration puts blame on client's power of attorney, not firm
Ms. Blass returns to the agency, where she previously worked for more than a decade, to run a division with influence over fiduciary duty.
If the best-interest contract remains in some form, action could switch to state courts; Finra still allows class actions.
Plaintiff says automated investment advice program is a 'predatory racketeering enterprise'
Labor Department says it also needs more time to look at any 'undue burden' the rule may cause.
Mr. Milken pleaded guilty to securities fraud in 1990 and spent 22 months in prison.
Anthony Mastroianni Jr. allegedly engaged in "in and out" trading of speculative stocks.
Methods for charging client fees OK in some states, not others.
Aaron Johnson took $620,000 in excessive fees from clients.
The Trump administration is signaling its intent to remove the fiduciary rule's provision regarding class-action litigation. Here's what broker-dealers and RIAs need to know.
One observer says agency is trying to give certainty to markets; another asserts it is executing pre-determined course to water down regulation.
Financial Services Institute says extra supervision would result in a 'CFP tax,' while mother of Labor Department regulation cheers revisions to standards of conduct.
SEC suggests a final decision on its proposed continuity rule with heightened requirements will come in April.
Action could lead to permanent suspension and revocation of his CFP certification.
