More than 30,000 non-traditional ETF transactions, totaling approximately $1.7 billion, were carried out by Oppenheimer representatives, according to the regulator.
Don't be too proud to try out different approaches to uncover what works
Deputy assistant secretary Tim Hauser said the Labor Department has room to adjust the rule if problems arise.
By taking five steps, firms and their advisers can make sure they have addressed the corporate culture indicators on Finra's radar.
If the industry was really serious about getting rid of rogue brokers, it would do more both individually and through Finra.
The U.S. senator raised doubts on Thursday about whether the financial industry can police itself.
Advisers and firms must clearly reference and link to regulator's search tool on their websites.
The penalty is the regulator's largest ever relating to anti-money laundering compliance.
<i>Breakfast with Benjamin</i> New research suggests that some tech-crazy millennial investors are moving beyond the robos to work closely with human financial advisers.
New regulation has broad reach, so when in doubt, use the best interest contract exemption, assistant secretary says.
<i>Breakfast with Benjamin</i> Paying attention to how stocks trend between August and November could be a giveaway for which party's candidate will be elected president.
For most clients, paying attention to financial media distracts them from their primary goals.
Is it wrong for a financial adviser to withhold the client's files until the invoice is paid?
Wall Street firms' outsized account minimums are sending a negative message to retail investors. Let the wirehouses' losses be your gains.
In the wake of Raymond James' $17M fine, it's time advisers take regulators' focus on this issue seriously, as rules are only going to get stricter.
<i>Breakfast with Benjamin</i> Small caps have started to outperform, and it might be connected to the Fed's downward revision on 2016 rate hikes.
The billionaire's "secret to success" has guided Carson Wealth's CEO throughout his career.
The Jenkintown, Pa., based unit collected about $7 million in annual fees and commissions under its former employer
Refurbished PlannerSearch is meant to be more than a search engine to generate leads; it seeks to highlight members' online personalities.
Most robos boast standard safeguards to prevent wash sales on accounts on the platforms, but can't guard against non-platform trading.
