The Financial Industry Regulatory Authority must let the US Securities and Exchange Commission weigh in before it can cast out one of its members, a three-judge panel of the US Court of Appeals for the District of Columbia found.

Gensler’s term was set to expire in 2026, but he announced today that he will leave on Jan. 20, 2025. He called working with the commission’s staff “an honor of a lifetime.”

Kenneth Welsh pleaded to five wire fraud counts that carry a maximum penalty of 20 years in prison each.

New tools automate the process of personalizing service and communications to improve the advisor-client relationship.

When it comes to selling, taking the highest offer from the biggest firm might not be best for advisors and their clients.