Politico (August 10, 2015 7:51 am) -- In April, two months after President Obama proposed a rule that would require financial advisers to serve the best interests of their clients, a Merrill Lynch…
PIABA Newsroom
In the Media
onwallstreet (August 7, 2015 11:22 am) -- An arbitration panel ordered UBS to pay $250,000 to two former clients in the latest case stemming from the sale of municipal bonds and closed-end funds in…
onwallstreet.com (August 6, 2015 3:31 pm) -- Morgan Stanley won a $750,000 clawback from a former advisor who claimed that the firm had failed to notify him of obligations to disclose criminal…
FinancialPlanning (August 3, 2015 8:19 am) -- Fiduciary advocates expressed concern after FINRA member firms elected a "dissident" candidate to its board of governors after he said he would represent…
Financial Advisor (July 31, 2015) -- Advisors at Wells Fargo will stop transactions where they suspect elder fraud even if they don’t have the legal authority, company managing counsel Beverly Jo…
Financial Advisor IQ (July 27, 2015) -- The Department of Labor’s proposal to impose the fiduciary standard on brokers managing retirement accounts has ruffled many feathers. By the end of the…
The Hill Congress Blog (July 23, 2015 3:00 pm) -- Who could possibly be against eliminating a conflict of interest that costs American savers and investors $17 billion to $21 billion a year? Who…
Financial Advisor (July 21, 2015) -- Finra’s second attempt at a recruitment-bonus disclosure rule hasn’t won many fans. Securities firms say the plan to require disclosure of brokers’ recruitment…
onwallstreet.com (July 16, 2015 10:38 am) -- The discord over incomplete information in FINRA’s BrokerCheck service is reaching a new level as the SEC’s Investor Advisory Committee is nearing a vote…
FinancialPlanning (July 16, 2015 10:04 am) -- It started with a state compliance review of a single business card that referred to an LPL Financial planner as a "Retirement Income Planning Specialist…