This story originally ran on Financial Advisor IQ sister publication Ignites. When brokers or financial advisors offer mutual funds and exchange-traded funds that are clones of one another, a recent ...

The team's supervisor, Samuel Alt, a white man, told Pulido that Hallman "did not want to work alongside any 'Hispanics'" but otherwise "casually dismissed" Pulido's concerns regarding Hallman, ...

When Donald Trump becomes president of the United States in January, the Securities and Exchange Commission is generally expected to ease its stance on crypto and environmental, social and governance ...

Osaic Services, known as SagePoint Financial from January 2009 to November 2023, allowed registered representatives without sufficient knowledge or experience with options trading to override trading ...

Wells Fargo’s bank-based advisors are capturing new assets through the firm’s Premier offering for affluent customers, Chief Financial Officer Mike Santomassimo said last week.

At the 2023 annual Financial Industry Regulatory Authority conference, Grewal noted the sweep on firms including Merrill Lynch, Morgan Stanley and UBS that up to that point had resulted in total fines ...

Morgan Stanley has suffered a legal setback fighting a multimillion-dollar deferred-compensation lawsuit brought by hundreds of its former financial advisors, according to news reports. Last week, ...

Advisor Susan VanSpybrook has poached at least six of her former clients since leaving J.P. Morgan, in violation of a restrictive covenant, the firm alleges in a lawsuit. November 11, 2024 J.P. Morgan ...

Another challenge to the SEC's rulemaking powers is the Supreme Court's decision in June in Loper Bright Enterprises v. Raimondo, which overturned 40 years of precedent that mandated courts to defer ...

Voters in Illinois have approved a non-binding measure to tack on an additional 3% tax for those earning more than $1 million, according to news reports. The measure, which called for using the ...

When the DOL unveiled the revamped rule roughly a year ago, President Joe Biden took an active part in its rollout, and the agency framed it as part of the administration's broader war on hidden fees.

U.S. large-cap stocks, small-cap stocks, bond yields and the U.S. dollar all rose, while Bitcoin — with Trump embracing crypto as part of his campaign — hit new highs, Jacob Manoukian, U.S. head of ...