Keyword: Best interest standard

217 results found

Appeal Court finds alleged fiduciary duty breach can be basis for class action

Big binders

Decision on tougher investor protection measures coming by end of 2025

Dispute at desk

Regulator's exam division sets compliance priorities for 2024

Shot of a group of young businesspeople using a laptop during a meeting in the boardroom of a modern office

Tech-assisted recommendations can improve client outcomes

  • By: David Reeve
  • September 25, 2023 September 25, 2023
  • 15:00

Firms make token effort to raise standards, cling to suitability, NASAA finds

Old and new sign

Margins, profits to be squeezed as consumer protections boosted

Blackboard rating

Regulators found firms are failing to identify and manage conflicts in clients' best interests

FINRA expels firm; SEC, DoJ charge broker for exploiting vulnerable investors

Sign on the building of Financial Industry Regulatory Authority, or Finra, in Manhattan NYC lower financial district downtown, businessman man walking stock photo

SRO expels brokerage over widespread regulatory violations

Conflicted graph

Regulators objected to applying "best execution" duties to fund selection