Carson Group Asks Judge to Suspend Former Executive’s Lawsuit Alleging ‘Toxic’ Work Culture
The Carson Group is asking a court to issue a stay that would suspend proceedings in a complaint that alleges the firm maintained a toxic culture.
Recent
Finra Is Cracking Down Hard On CE Violations
Continuing education may not be the most exciting part of the job, but for regulators, it’s non-negotiable—and they're cracking down on violations.
Employee Misconduct Declines Post-Merger—But Not for the Reasons You Might Expect
M&A activity in wealth management is often touted for delivering scale, technology integration, and operational efficiencies.
New Money Laundering Rules Delayed By The Treasury Department
Investment advisors preparing for a sweeping new set of anti-money-laundering (AML) compliance obligations just received a critical reprieve.
DOJ Probing for Collusion in CLO Market During Libor Transition
The US Justice Department is conducting a criminal antitrust investigation into whether some investors in collateralized loan obligations colluded.
The SEC Files Civil Complaint Against Investment Management Partners
The SEC has filed a civil complaint against Chicago-based RIA firm P/E Capital Investment Management Partners and its CEO Eliseo Prisno.
Partial Legal Victory For LPL Financial
In a partial legal victory for LPL Financial, a federal judge has dismissed key portions of a lawsuit challenging their cash sweep practices.
