Such activities need to be specific and scripted to avoid violations, an industry attorney warned.
A federal court is being asked to decide who should arbitrate the company's non-compete complaint against the former rep.
Craig Allen of Atlanta used his hedge fund to scam investors of more than $7 million, prosecutors said.
The firm must pay fines and restitution for violations on trade confirmations and customer credit.
Here's what advisors really think about the DOL rule.
Dusty Sternadel tricked her mostly elderly clients into cutting checks that she deposited into her personal accounts.
Unlike advisors, many broker and agents will be contending with fiduciary responsibilities for the first time.
The new rule could allow exiting advisors to actively recruit clients. IAA says it goes too far.
Insurance regulators and the annuities industry also give tougher regulations a thumbs-down.
The IRS said he failed to account for $2.5 million in money shuffled in overseas accounts.
The controversial rule expands the fiduciary requirements when clients are given advice on retirement account rollovers.
The agency's rule calls for stricter disclosure by public companies about climate-related risks.
The bank's shareholders meeting comes as the firm contends with a probe into its anti-money-laundering controls.
"Bad actors" with a history of repeat violations will be a major priority, Finra's enforcement chief said.
The move follows about $3 billion in fines imposed on financial firms over private messaging.
Outsourcing technology solutions requires a high level of due diligence, says Ncontracts CEO Michael Berman.
The suit accuses the agency of "dystopian surveillance" of U.S. trading activity.
The inquiries focus on a wealth management arm that has swelled into Morgan Stanley's biggest business.
The groups, arguing the proposal has been rushed, asked government officials to get more public input.
The Treasury Department has proposed a rule requiring all SEC advisors to have anti-money-laundering programs.