Industry

The regulator shut down an alleged fraud by Joy and Brent Kovar, who raised more than $12M from at least 277 investors.

The announcement solidifies the firm’s chief of staff role, previously a rotational position, and continues Advisor Group's efforts to build out executive ranks in the wake of the Ladenburg Thalmann merger.

The penalty over advisors' use of the iPath S&P 500 VIX Short-Term Futures ETN marks the second settlement to result from the SEC's ETP Initiative.

The free trading app is under scrutiny as it advances toward a debut likely to draw in buyers from its own novice investor base.

The regulator raised “deal killer” concerns last week and “stopped” the deal, Ackman said in a CNBC interview.

The advisor moves and acquisitions you may have missed the week of July 15, 2021.

Net new assets at Charles Schwab have been driven by an 'omni-channel approach' that involves its TD Ameritrade and USAA acquisitions, as well as extensive branch reopenings.

The broker/dealer’s new Resilience Plan will support advisors’ books of business if they choose to take a leave of absence, such as for the birth of a child, personal illness or injury.

Insigneo’s latest recruits from Wells Fargo include Isadora del Llano, Yzana Oestreicher, Maria Garcia and Nilia Gasson.

Hybrid b/d and RIA Cascade Investment Group recommended high-fee mutual fund share classes when cheaper options were available and failed to disclose the fact, the SEC claims.