Cambridge Investment Research, Securities America and J.W. Cole Financial failed to see the risk as reps sold options-laden "short-vol" LJM Preservation & Growth fund to investors, according to the regulator.
Advisory firms must make the choice to cultivate cultures that nurture diversity, equity, inclusion and belonging and implement structures and systems to hold each other accountable, writes Lazetta Rainey Braxton.
Listen as Kirk Hulett, Executive Vice President, Business Coaching & Consulting—Advisor Group discusses strategies on aligning the right COIs for a practice.
