Law firm Eversheds Sutherland says fines, restitution, cases decreased; Finra touts the quality of its cases
Organization says the best way for clients to select an adviser is ‘to have a conversation’ with the adviser
Schwab's acquisition of TD Ameritrade and Morgan Stanley's deal for ETrade have elicited criticism from Sen. Sherrod Brown and Rep. Maxine Waters
The argument hinges on whether a lifetime sanction is a punitive or remedial punishment
Firm recommended that clients buy, hold single-inverse ETFs in retirement accounts despite previous Finra penalty
The Securities Division says the state considers VAs to be insurance products, not securities
Some say it’s a smart way for government to raise revenue; others say it penalizes investors
The regulator is probing whether firms are giving customers best execution of trades
But the advice standard would require brokers to act ‘without regard to’ their own financial interests
But little resistance to the deal is expected from regulators, policymakers
