A new guide aimed at helping CFP® professionals with the utilization of technology in their practices has been published by the CFP Board. According to PR Newswire, the Guide to CFP Board's Technology Standard is a comprehensive resource to assist professionals in...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: January 2024
Financial industry awaiting SEC’s next moves on Reg BI enforcement
Brokers and financial industry experts are awaiting the Securities and Exchange Commission's next steps on enforcement of Regulation Best Interest, according to an InvestmentNews report. The SEC adopted Reg B1 in June 2020 to establish a “best interest” standard of...
FINRA alerts investors to social media ‘Investment Group’ imposter scams
An increase in scams linked to fraudulent “investment groups” promoted through social media channels has drawn the concern of the Financial Industry Regulatory Authority, ThinkAdvisor reports. In an investor alert, FINRA said it has seen a significant spike in...
FINRA cautions investors that low-priced stocks can carry high risk
The Financial Industry Regulatory Authority is cautioning investors that while low-priced securities may carry the potential for profit, they also have some significant risks. In its Investor Insights column, FINRA provided details about what to watch for when...
Advisors weighing approach to bitcoin ETFs following SEC approval
Financial advisors are assessing their strategies regarding bitcoin exchange traded funds now that they have been approved by the Securities and Exchange Commission, InvestmentNews reports. Last week, the SEC voted to approve nearly a dozen new bitcoin ETFs, allowing...
