Advisors must “put the client’s interest first” when making a recommendation
Misguided faith in tactical trading strategy led to the violations
FINRA has fined the firm and ordered restitution for early rollover recommendations
Rep violated suitability obligations by investing clients in funds with risky holdings
A new MFDA paper aims to take the mystery out of client vulnerability
Court finds an investor's portfolio was too heavily concentrated in preferred shares, but that its low-risk strategy was appropriate
Regulators say market turmoil and industry disruption are to blame
IIROC publishes its version of the CSA's CFRs, which take effect in 2021
The CSA warns the industry against abuses as bans loom for trailers, DSCs
FCA consulting on improvements to retail investment markets