Patrick Donachie

The task force is headed by former FBI Special Agent Greg Ruppert and has already made dozens of referrals to the SEC about potentially fraudulent activity.

FSI argued in a petition that the SEC's Share Class Selection Disclosure Initiative unfairly subjects brokers to de facto rules and regulations.

Some advisors were deemed ineligible for the government’s loan program, but it’s unclear why.

Some advisors say the industry's mad rush for PPP funding rubs them the wrong way.

The analysis of 7.5 million investors who custody with Apex found that most of millennials' top holdings were tech companies that had largely outperformed indexes like the S&P 500.

Small businesses and advisors alike are awaiting additional allocations for the loan program while continuing to navigate confusion in the application process.

Next, judges in the 2nd U.S. Circuit Court of Appeals will hand down a ruling in the group's case against the SEC. A favorable decision for the network could strike down Reg BI and lead to improved consumer protections.

If states don't adopt the rule on a uniform basis, it could create a patchwork of requirements that investment advisor reps have to deal with.