We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The Investment Dealers Association is proposing to limit the application of suitability to trades involving advice. Currently, all proposed trades, whether recommended or not, must be reviewed for ...

A large percentage of investor arbitration cases involve claims that an investment recommendation was unsuitable. I first wrote about the concept in July 2009 (See, "Suitability Claims.”) The concept ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

The Securities Industry and Financial Markets Association is asking the Municipal Securities Rulemaking Board to explicitly exempt sophisticated institutional investors from certain standards under ...

With new suitability requirements looming in Europe, regulators in Ireland say firms need to improve their efforts to collect and analyze client information to provide clients with appropriate ...

Your stock broker or investment adviser could be a straight arrow, scouring the financial world for the very best products, but it's entirely likely they aren't. They could just as easily push you ...

Variable annuities currently constitute more than $1 trillion in assets and are the fastest growing product in the insurance industry. Generally, variable annuities are sold to people of modest means ...

The Mortgage Bankers Association (MBA) recently made a preemptive strike against what it obviously perceives as the next threat against the mortgage industry - "suitability standards." It is suggested ...

Charles Stanley saw total funds under management and administration increase from £20.1bn to £20.8bn for the year to the end of June. The Financial Conduct Authority (FCA) has published a paper ...