As more financial advisors utilize artificial intelligence in their practices, they now have additional guidance to help them adapt to the technology. The Certified Financial Planner Board of Standards announced that it has published the Generative AI Ethics Guide: A...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: March 2025
New Jersey investment adviser and his firm charged with fraud, other violations
A New Jersey investment adviser and his firm have been accused of fraud and other violations by the Securities and Exchange Commission. According to an SEC press release, charges were filed against David Yow Shang Chiueh of East Hanover and his investment advisory...
FINRA arbitrators deny Stifel’s raiding claim, order firm to pay $7 million in legal fees
Stifel, Nicolaus & Co. was ordered to pay over $7 million in legal fees after losing a raiding and breach of contract claim against a former Indianapolis-based team of brokers who left the firm, Financial Advisor reported. Stifel, based in St. Louis, claimed the...
Financial planners weigh potential impact of federal tax cut legislation
Financial planners are weighing in on the potential impact of any changes in federal tax policies, according to the results of a new survey reported by ThinkAdvisor. The recently released 2025 CFP® Professionals Taxes Survey, taken during January and February, was...
Law firm examines number of disciplinary actions brought by FINRA
The law firm Eversheds Sutherland LLP published its annual analysis of disciplinary actions brought by the Financial Industry Regulatory Authority, reports AdvisorHub. The study found an increase in FINRA cases and the amount of restitution that was ordered in 2024,...
