Suitability

As digital investment advice tools – so called robo-advisors – increasingly play an important role in wealth management, FINRA is cautioning that investor protection should ...

Thousands of unsuitable mutual fund switches and a failure to provide applicable breakpoint discounts will cost Barclays Capital $13.7 million for the suitability violations. In ...

FINRA will make the treatment of seniors and other vulnerable investors a top priority this year. In its new 2016 Regulatory and Examination Priorities letter ...

An SEC examination of 10 broker-dealer branch offices that distribute structured securities products shows B-Ds have work to do when it comes to the implementation ...

These proceedings arise out of violations of the anti-fraud provisions of the federal securities laws by Gray Financial Group Inc., an Atlanta-based registered investment adviser, and ...

Effective immediately, FINRA is ramping up the recommended sanctions imposed on individuals and broker-dealers who commit fraud or make unsuitable recommendations to customers. A periodic ...

Whatever you say about the Department of Labor’s new fiduciary duty proposal, it promises to change the landscape if finalized.   “It’s a thoughtful, complicated ...

There is room for improvement for brokerage firms conducting business with senior investors say the SEC and FINRA. The regulators would like to see broker-dealers ...

Reps should consider this three-stage plan to establish a written trail to demonstrate they’ve achieved suitability for the client: Reason for the meeting (Quarterly update? ...

Boost your firm’s exam prep by getting “ahead of the concerns raised in” FINRA’s 2015 exam priorities letter, which was released Jan. 6. It cautions ...