On November 17, 2025, the staff of the Securities and Exchange Commission (“SEC”) issued a no-action letter to the Financial…
Read MoreThe SEC's Regulation Best Interest (Reg BI) under the Securities Exchange Act of 1934 establishes a "best interest" standard of…
Read MoreOver three years ago, on October 20, 2015, Credit Suisse abruptly announced it was exiting the U.S. wealth management business…
Read MoreOn December 5th, a Financial Industry Regulatory Authority (FINRA) panel in New York city awarded a former Wells Fargo financial…
Read MoreRobert Berry worked as a financial advisor for Wells Fargo Advisors, LLC from 1994 until 2014. From 2005 to 2014,…
Read MoreJust months after exiting The Broker Protocol, UBS Financial Services has reportedly added a broad non-solicitation clause to bonus agreements…
Read MoreShustak Reynolds & Partners is investigating potential claims arising out of the forfeiture or cancellation of broker and financial advisor…
Read MoreJ.P. Morgan Securities agreed to pay $4 million to settle charges by the SEC that it mislead clients about how…
Read MoreOn Wednesday, the Financial Industry Regulatory Authority (FINRA) submitted proposed Rule 2273 to the SEC for formal approval. The rule,…
Read MoreCredit Suisse, like most brokerage firms, takes a portion of broker compensation and agrees to pay that compensation as “deferred…
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