Industry News

Court pauses rival series of trailer-fee lawsuits

Key issue of whether trailer payments were improper to be decided before determining which investors are entitled to damages

By James Langton |August 3, 2023

2 min read

Banking executive named president of Kansas City Fed

Jeffrey Schmid replaces Esther George, who retired in January

By Christopher Rugaber, The Associated Press |August 2, 2023

2 min read

Adviser’s insider trading more extensive than SEC thought

Offshore stock trades came alongside previously-sanctioned options trades

By James Langton |August 2, 2023

1 min read

Regulators say advisor awards based on production may mislead clients

The CSA and CIRO will consider such awards a compliance issue

By James Langton |August 1, 2023

2 min read