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Investment News (May 19, 2022) - Many funding advisory corporations put obligatory arbitration clauses of their purchasers’ contracts with out telling them and drive them into pricey arbitration…
Financial Advisor IQ (May 19, 2022) - Registered investment advisor firms often force customers into forced arbitration that is costly and non-transparent, according to the groups.
Several investor…
Financial Advisor (May 19, 2022) - A coalition of investor advocates are urging the SEC to investigate registered investment advisors' use of predispute arbitration clauses that allegedly force…
Investment News (May 18, 2022) - RIAs aren't adequately disclosing arbitration clauses in client contracts and are forcing clients into expensive dispute forums, the groups said.
Many funding…
Financial Advisor (May 18, 2022) -
The Financial Industry Regulatory Authority is considering overhauling its scandal-plagued process for reps trying to erase customer complaints from their records…
FinancialPlanning (May 16, 2022) - Add SEC Chair Gary Gensler to the growing chorus of regulators and critics calling for tougher rules over complex products, despite accompanying cries of protest…
Financial Advisor (May 12, 2022) - The saga of Wells Fargo’s “secret deal” with an Finra arbitrator has taken another turn, with investors filing a brief supporting a judge’s January decision to…
Wealth Management (May 11, 2022) - Asset managers and many advisors are waving red flags around FINRA's proposal to craft new rules for "complex products," which could make it harder to invest in…
Financial Advisor (May 10, 2022) - The Financial Industry Regulatory Authority received more than 750 responses to its complex product request for comment by the time the comment period closed on…
ThinkAdvisor (May 4, 2022) - What You Need to Know
FINRA is moving ahead on an overhaul of its expungement process.
A lawyer for investors says too many expungements are still being granted.
A…