New York regulators issued new guidance that puts the industry at ease.
UBS spokesman: Former broker sold investments 'that were not approved by UBS'
Gerold says decision on a model rule is up to NASAA's membership
The SEC backed off a promising provision in its proposed rule, while New York takes on use of misleading titles in no uncertain terms.
Plaintiffs claim that the SEC's rule would undermine consumer protections and that the agency exceeded its authority in promulgating the rule.
Study looks at how the Massachusetts senator's plan would have affected the wealthiest if it had been in place since 1982
Money returned to investors hits highest level — $558 million — since 2014, NASAA reports.
Michael Barry Carter refused to furnish documents and information around his alleged theft of client money.
Kentucky adviser is confident he will overcome the conflicts he's facing in life after LPL.
Arbitrator ruled that adviser was supposed to pay a fee for every former client he solicited.
Coalition of fee-only planners wants the rule amended so RIAs aren't undercut by brokers held to lower standard of care.
In light of evolving record-keeper practices, advisers need to remember that ERISA's fiduciary standard requires fiduciary prudence to evolve with the market.
The states' lawsuit challenging the SEC's Reg BI suggests legislators need to provide clearer guidance to regulators.
A state-by-state approach to fiduciary standards would create a confusing and counterproductive regulatory patchwork that would impede advisers' ability to provide guidance.
With $113 million in client assets, John Kerr bolted from Jones to Thurston Springer Financial.
State regulator exams also indicate fewer problems with fees and other areas.
State regulator said limitation is 'contrary to fiduciary duty.'
Finra CEO Cook: 'It's not our rule. It's an SEC rule.'
Mr. Schorsch's firm, American Realty Capital, will kick in $225 million as part of the settlement.
A recent decision by the 9th U.S. Circuit Court of Appeals allows Charles Schwab Corp. to force its employees to arbitrate disputes about the company's 401(k) plan.
