Regulation Best Interest takes effect June 30, requiring broker-dealers to act in the best interest of their clients.
"The pandemic's economic fallout should not be underestimated."
David Byrne is a former financial advisor-turned-regulator who now works with athletes to protect their finances from fraud. While Byrne can't disclose the names of his clients, they include top NBA rookies and veterans.
Advisory firms constantly face cybersecurity risks from phishing to ransomware and email viruses. And the only way to tell if they are ready to ward off these scams is to regularly put their systems to the test.
If you manage your own money, you are like most other Americans, according to a new CNBC Invest in You survey.
A new report from an investor advocacy group claims that some brokers and brokerages are abusing the regulatory system to erase customer complaints against them.
As cyber threats abound, everyone from large financial firms to individual advisors need to make sure they have done everything they can to guard against a breach.
FINRA recently banned 11 people from working in the securities industry and suspended 16.
Of the total $2.4 million in fines doled out in December to brokerage firms, several large levies arose from alleged inadequate supervision of brokers who caused investor harm.
Some consumer protections inspired by the Great Recession have been weakened or delayed altogether. But you can take steps to look out for your own best interest.
There are many ways to pay for financial advice and conflicts can arise. Keep these questions in mind.
If you don't know exactly how you are paying for financial advice, you could be in for some unpleasant surprises. Here's how to tell if your advisor is really looking out for your best interests.
If you name someone who your advisor can alert if they suspect something is amiss with your account, make sure the person can be trusted to act in your best interest.
Today your broker-dealer must tell you how much it's earning off your bond trades. Here's why.
Investing in low-cost ETFs is getting cheaper as the ETF price wars heat up.
Richard Ketchum, Chairman and CEO of Financial Industry Regulation Authority (FINRA), speaks with CNBC's Bob Pisani about the regulatory environment in markets.
If calamity breaks out in the corporate bond market, it's largely mom and pop investors who may end up calling the shots.
If interest rates rise too quickly, spooked mutual fund investors could set off a liquidity trap in the corporate bond market.
Genesis Trading, which claims to be the first broker-dealer specializing in digital currencies, launched Thursday.
The SEC voted Wednesday to issue a proposal requiring proprietary high speed trading firms to register with regulators.
Supreme Court is taking up 3 cases over President Trump's financial records. CNBC's Eamon Javers reports.
The Department of Justice is preparing to take action against Live Nation, alleging the company violated its 2010 settlement and made concert venues use its dominant TicketMaster subsidiary.
The markets seem to be brushing off the impeachment proceedings in the House of Representatives. James Pethokoukis, AEI's economic policy analyst, and Sarah Bianchi, head of U.S. public policy and political strategy at Evercore ISI, join "Squawk Box" to discuss the potential cost of impeachment.