The
The hearing was scheduled before the
Since 1999, the SEC has allowed fee-based brokers to give investment advice as long as that advice is “incidental” to executing trades. Financial planners say that these brokers are providing more than “incidental” advice.
The SEC regulates brokers under the 1934 act and investment advisors under the 1940 act.
FINRA charges restitution but forgoes punitive fines for the three firms after crediting them for cooperating in its investigation.
Cetera also names the next president of its wealth management division and Corient scoops up a $7.9 billion RIA in Maine.
By effectively redesigning their websites, firms can target prospects who may already be searching for the services they provide.
Independent firms are going beyond traditional wirehouse compensation packages to promote collective partnership and reward incoming teams.
The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.
Donald Trump has promised lax regulation of cryptocurrencies, and in a month he'll be president. Should investors buy in?
