The potential liability of compliance officers may be waning, but there are still some egregious cases where mischief leads to deep trouble for a compliance ...
The recent earthquakes in southern California jolted even long-time residents used to a sometimes unsteady ground. “It was like a rolling motion. It made ...
Peter de Roetth opened Account Management ($135M in AUM) in Boston in 1963. One of his earliest clients was a woman who stuck with him ...
It’s not news that getting a client to loan you money or becoming a beneficiary of his or her estate is almost always a sure ...
As fee structures grow more complicated, so must your oversight. Controls at many firms “are not keeping up with the complexity of fees that are ...
Claiming to have enough assets to qualify for SEC registration when an adviser doesn’t lays out a road to trouble. A new enforcement settlement bars ...
You may wish to defer any trader’s bonus until after an audit is completed after finding out how a former portfolio manager at an unidentified ...
With credit card issuers touting awards like airline miles, hotel stays, cash back and more for using their credit cards, it’s little wonder clients may ...
A proposal from FINRA to clamp down on broker-dealers with chronic disciplinary problems has been criticized as regulatory overkill and singularly unfair to small firms. ...
Questions have swirled in the industry around the application of the federal securities laws and FINRA rules regarding the custody of digital asset securities. In ...