A Texas based investment advisor, Brooklynn Willy, has been arrested on charges of obstructing an official investigation into alleged investor fraud.
The SEC has fined a barred broker, Christopher Booth Kennedy, $2.1 million for allegedly orchestrating a trading scheme causing losses to his clients.
For years, conventional wisdom has suggested that artificial intelligence and robo-advisers would replace a significant number of financial advisers.
Kristi Berge, a 48-year-old investment advisor from Edina, Minnesota, has been sentenced to two-and-a-half years in federal prison for embezzling.
Morgan Stanley Smith Barney will pay a $15 million penalty as part of a settlement with the SEC related to four financial advisers who stole millions.
The Republican battle against ESG investing intensifies as a coalition of 11 states, led by Texas, files a lawsuit against Vanguard Group, BlackRock,
A federal appellate court has temporarily blocked the Financial Industry Regulatory Authority (Finra) from expelling Alpine Securities Corporation.
