Fired Merrill FA Fined $5K over Discretionary Trades Anthony Seifert was allegedly permitted to exercise discretion by several customers, but Finra alleges that he lacked written authorization …

SEC Lobs Fines at Robinhood, Schwab, Others Two Robinhood broker-dealers agreed to pay $45 million to settle allegations of various violations, while Schwab was among the latest firms …

Nov 7, 2024 · Trump Victory May Seal DOL Fiduciary Rule's Fate The agency’s retirement security rule has been stayed in court, and the incoming Trump administration is unlikely to …

Dec 10, 2024 · UBS Casts Wider Client Net with US Wealth Unit Shakeup The firm on Tuesday announced wide-ranging leadership changes in its U.S. wealth operations and plans to devote …

Oct 28, 2024 · Commonwealth Financial Network is launching a new affiliation option for registered investment advisors, according to company executives. The new channel, …

Jan 21, 2025 · Transamerica Failed to Disclose Incentives Paid to FAs: SEC The company breached its fiduciary duty and will pay a fine of $2.9 million after not disclosing that …

Dec 18, 2024 · Financial advisors' reliance on exchange-traded funds continues increasing, with clients' assets held in the product on pace to surpass what they have in mutual funds within …

Jan 21, 2025 · LPL to Pay $18M over AML Flubs LPL Financial failed to close or restrict thousands of "high-risk" accounts, including cannabis-related and foreign accounts, that were …

Nov 12, 2024 · Raymond James says it has lured a financial advisor from Edward Jones in North Carolina. Jay Smith joins Raymond James & Associates, the firm's employee advisor channel, …

Dec 30, 2024 · J.P. Morgan Ramps Up Drive for the DIY Investor Assets on the firm's platform for self-directed investors are nearing $100 billion, but the company's head of online investing …