Patrick Egan’s interim suspension went into effect on June 21. Egan is a representative with the California-based firm Western International Securities, which was also named in the SEC's complaint.

The DOJ charged Martin Ruiz for stealing client funds, using the money for personal expenses and renting New York City apartments.

They are not the same—just ask Harry Markowitz.

The program is an integrated part of the company’s existing platform to assist IARs in the states with rules on the books based on NASAA’s template for CE requirements.

The Aloha State is the 27th to enact a rule or law based upon the model passed by the National Association of Insurance Commissioners, intended to align state regs for annuity sales with the SEC’s Regulation Best Interest.

U.S. Rep. Richard Neal wrote a letter to the Government Accountability Office that he’s worried about the lack of regulation for crypto investments.

According to the commission, Western International Securities and several of its reps ran afoul of the rule by recommending and selling $13.3 million in high-risk L Bonds.

More than half of U.S. states now have passed a best interest rule for annuity sales based on an NAIC model.

According to the commission, A.G. Morgan Financial Advisors failed to disclose that it owed $750,000 to Par Funding, the company connected to the offering.

Three Charles Schwab investment advisor subsidiaries did not disclose that they were mandating cash allocation in robo accounts that would lower investors’ returns, according to the commission.