The chair of the Securities and Exchange Commission said the new Form CRS could be a substantial tool for state enforcers, during a discussion at Fordham University School of Law.
The sentencing of Jay B. Ledford comes several weeks after his co-conspirator was sentenced to 22 years in prison, with both also ordered to recoup victims' losses.
An analysis by Zoe Financial looks at the effect 'unbundling' has had on the financial services industry, and cites Northeastern Professor Nicole Boyson's research on the conflicts dually registered RIAs face.
According to Secretary of the Commonwealth William Galvin, the broker made an excessive number of trades in order to boost commission fees while blaming account rebalancing and market performance.
The acquisition of NorthView Asset Management is another step in an active year for Sanctuary Wealth, which has added $3 billion in managed assets since June.
Chris Benda will join the firm that was founded eight decades ago to address the financial services needs of farmers and ranchers, and now serves clients in 14 Western and Midwestern states.
CEO Dan Arnold and CFO Matt Audette said the firm will launch its new 'employee' model—initiated by the recent acquisition of Allen & Company—into the wider marketplace for advisors next year.
The regulatory agency charged BNP Paribas Securities and BNP Paribas Prime Brokerage for failing to put policies in place that would catch suspicious transactions of penny stock securities, according to an action...