Regulation

The change is one of several made to the board’s disciplinary reporting process following a report by an independent task force that found “systemic, long-standing, governance-level weaknesses.”

The $4.64 billion fund lost 75% of its value in two months.

The onetime CFP pleaded guilty to violating his parole after previously avoiding prison time through a plea deal in 2018.

Firms founded by Jason Wenk allegedly failed to oversee a former advisor accused of investing clients in unregistered securities.

The regulator was one of the first U.S. agencies to tell employees to stay home during the pandemic,

Many financial advisors aren’t aware of serious conflicts of interest affecting the majority of retail clients, Northeastern University Professor Nicole Boyson says in a Financial Planning Podcast.

Given that I must disclose on my Form ADV that we accepted the aid, I had to ask myself difficult questions about possibly over-zealous regulatory scrutiny as well as my firm's reputation, this advisor writes.

Despite recent upheaval, some clients will still be shocked their portfolios have shown declines.

The firm allegedly provided some clients with misleading information about which charges they were actually paying for.

“This is all about having the flexibility and having multiple options for our investors,” says GSAM’s head of ETF strategy.