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.
FINRA representatives have asked at least one of the attorneys involved in the dispute for information about how the breach occurred and how Wells Fargo failed to detect it.
The Department of Labor's "best interest" rule should be maintained, only without the enforcement provision of class-action lawsuits, says the U.S. Justice Department.