Independent b/ds are on the hook for their reps’ behavior, even those thousands of miles away. A new compliance consultancy wants to help firms close that gap.  

Richard G. Duncan knew the investment was likely a scam, yet he failed to let his clients know, the SEC claims.

Shapiro used money from new investors to repay earlier ones and stole as much as $95 million.

The new rules hold brokers of annuities to a best interest standard and could be a model for other states to follow.

Although most broker/dealers have policies and procedures in place to address these products, firms need to improve the suitability review and add more controls around holding periods, NASAA says.

"We agree with the need to strengthen the enforcement program," said CFP Board CEO Kevin Keller on Tuesday, responding to a Wall Street Journal report that found thousands of CFP designation holders had customer disputes or criminal charges on...

The story of Wayne McLeod illustrates how, in broker/dealer land, compliance red flags are often ignored when the broker is pulling in a lot of money.

Chris Flint has been endorsed by the Financial Services Institute and the Bank Insurance & Securities Association in his attempt to fill a 'Large Firms' seat on the Board of Governors for the regulatory agency.

The form’s rules create several challenges. Don’t delay working on it.

Will the state's proposed rule be a "shot heard round the world" or "effectively eliminate brokerage business in New Jersey?"