Practice Management

The cases against the investment advisory firms marked the first from the Enforcement Division's Exchange-Traded Products Initiative.

John Stumpf, who retired in 2016 after the bank’s deceptions came to light, agreed to pay a $2.5 million fine to settle the allegations.

Bharara, who became U.S. attorney for the Southern District of New York in 2009, might view the SEC as a consolation prize, as he’s been mentioned as a possible contender to lead the Justice Department.

Dana Wilson found a simple unmet need in wealth management—the ability for retail investors to search specifically for Black and Hispanic advisors.

Robert C. Morgan will pay about $66 million in relief for harmed investors, but no additional monetary relief, according to the commission. Morgan faces separate charges in a civil suit brought by the Justice Department.

A lot can be learned listening to clients’ experiences working with financial advisors—good and bad. We talked with Larry Marion, a recently retired custom content publisher in Newton, Mass.