PIABA Newsroom
In the Media
Financial Advisor (April 27, 2022) - Vanguard is not planning to follow in Fidelity Investments’ footsteps and develop a bitcoin offering for its 401(k) plan investors, the broker-dealer told…
ThinkAdvisor (April 26, 2022) -
What You Need to Know
Fidelity’s new workplace Digital Assets Account for 401(k) plans will have Bitcoin as an investment option.
The 23,000 or so firms using…
FinancialPlanning (April 12, 2022) - A wealth manager that’s under different ownership after letting go of hundreds of financial advisors as part of a compliance overhaul settled a FINRA case…
ThinkAdvisor (April 11, 2022) - What You Need to Know
A judge threw out an arb decision that favored the bank after finding that Wells Fargo had manipulated the arbitration process.
The court didn'…
Think Advisor (April 8, 2022) - The decision in Badgerow v. Walters does not change the use of forced arbitration by the securities industry against investors, the president of PIABA says.
The…
Financial Advisor IQ (April 7, 2022) - The company says the judge’s ruling that it had manipulated the arbitrator selection process is not supported by evidence.
Wells Fargo is fighting back…
Wealth Management (April 7, 2022) - In a court filing, Wells Fargo argued there was "no evidence in the record" supporting the existence of a verbal agreement between its counsel and FINRA to exclude…
InvestmentNews (April 4, 2022) - Petitions to confirm or vacate awards are now more likely to be heard in state courts, where judges tend to be more skeptical of arbitration than their federal…
ABS News & Research (March 29, 2022) - A major LPL Financial hybrid RIA firm quietly settled a lawsuit brought by fraud victims alleging that its response to a former financial adviser’s scheme…
FinancialPlanning (March 28, 2022) - A major LPL Financial hybrid RIA enterprise quietly settled a fraud victim’s lawsuit alleging its response to a former financial advisor’s scheme was “as…