Advisor Wellness

Ameriprise Denied Restraining Order Against Former Advisors

LPL Financial secures a legal victory in one recruiting dispute against Ameriprise while downplaying a setback in another case.

Federal Prosecutors Expand Their Case Against Former Financial Advisor

Federal prosecutors have expanded their case against former financial advisor Adam Kaplan, adding new criminal charges to the existing allegations.

Hedge Funds Face New Watchdog Scrutiny Over Huge Macro Bets

The world’s top financial stability watchdog is setting up a dedicated taskforce to unmask areas where shadow banks could spark a broader crisis.

Once-Prominent Financial Advisor Pleads Guilty To Securities Fraud

James McDonald, a once-prominent financial advisor and frequent CNBC commentator, has pleaded guilty to one count of securities fraud.

Wall Street Pushes Back On Tough Margin Rule For Zero-Day Options

Wall Street brokers and dealers are pushing back on a new margin rule.

SEC Fines One Oak Capital Management For Switching Client To Fee-Based Accounts

The SEC fined One Oak Capital Management along with one of its representatives for transferring clients from brokerage account to advisory accounts.

Retail And Professional Investor Perspectives On Risk Differ Sharply

Retail investors and institutional fund managers are analyzing the same market data, yet their perspectives on risk and opportunity diverge sharply.