Public sanctions were announced by the Certified Financial Board of Standards last week against 12 current or former certified financial planner professionals, or candidates for CFP® certification. In a news release, the CFP Board said five of the sanctions resulted...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: March 2022
Wealth managers warned to be on alert for Russia cyberattacks after Ukraine invasion
Financial professionals in the U.S. have been warned to be on the alert for potential cyberattacks from Russia in the wake of the invasion of Ukraine, InvestmentNews reports. The Department of Homeland Security, the Securities and Exchange Commission and the Financial...
Lawsuit accuses Wells Fargo of violations on overtime pay
A proposed class action lawsuit accuses Wells Fargo Advisors of requiring its employees to work overtime without paying them for their extra hours, AdvisorHub reports.
SEC investigating Goldman Sachs over messages sent with unapproved services
The Securities and Exchange Commission is investigating Goldman Sachs Group Inc. over messages sent using communications channels not approved by the company, according to a report by AdvisorHub. The firm said in a regulatory filing that it is cooperating with the SEC...
FINRA adopts rule amendments to help protect older investors from financial exploitation
FINRA adopts rule amendments to help protect older investors from financial exploitation