Regulation and Compliance issues for Wealth Professionals can be challenging to navigate especially when the SEC is involved. Catch the latest news and analysis on compliance updates that impact financial advisors.
Byron S. Rainner, a former registered representative for MetLife Financial Services, pleaded guilty in Georgia federal court to one count of wire fraud involving a scheme that targeted the Sheriff's Office of Fulton County, Georgia (clearly, not...
If President Obama is truly a new kind of FDR arriving on the scene to the American economy from itself then he would be wise to read Amity Shlaes new-ish history of the Great Depression, The Forgotten Man (HarperCollins, 2007). In the book a...
Mary L. Schapiro heads to Capitol Hill tomorrow morning for the hearing on her Senate confirmation as President-elect Barack Obama's nominee to chair the U.S. Securities and Exchange Commission.
Firms and advisors facing disputes in arbitration will have a tougher time getting the case dismissed thanks to a new dispute resolution rule, FINRA announced today.
On Feb. 20, 2008, my husband, Peter Nesvold a newly minted partner at Bear, Stearns & Co. Inc. came home and said, I think my firm is going bankrupt. I told him he was crazy, that Bear Stearns had one of the strongest balance sheets on Wall Street...
Clients are often more global than their U.S. advisors. But we can change that. Here are some key trends in trusts and estates internationally: Trusts are gaining ground; family business succession advice is in high demand; family offices are...
Regulators typically offer a “settlement premium” that is meant to represent a discount on sanctions they would seek at a hearing or trial. Is it worth it?