David Austin took $144,000 from three customers for his personal use
Finra says the Advisor Group unit failed to supervise early rollovers of unit investment trusts
Powell plays down the May jobs gain and suggests it will take years to get U.S. employment back to its pre-pandemic level
New floor of about $8,300 is meant to end the ‘$1 trick’ for brokers seeking quick clearing of records
Even though plan sponsors are offering easy access to retirement accounts, few workers have taken advantage of that
DoubleLine executive's comments come as the spread between 5- and 30-year Treasury yields hits its steepest level since 2016
The pandemic has pushed trade associations to virtual meetings to make their case with lawmakers
Examining the Securities and Exchange Commission's response to a question on this topic can provide some guidance
Tamara Steele and her Indianapolis-based firm, Steele Financial, agreed to disgorgement of $845,760 and a $75,000 civil penalty
The self-regulator used $39.5 million in fines plus another $31.6 million from reserves for the initiatives
The SEC case alleged the firm and its founder knew, but didn’t tell, about misrepresentations of fund performance
Rainia Washington becomes the lone African-American executive at the regulator
Very few plans include investments that use PE, and guidance this week from the Labor Department might not change that.
The brokerage reimbursed customers a year ago, earning a break on sanctions for cooperation
E*Hedge Securities, which was operating COVID-related investment websites, ‘does not appear qualified’ to register as internet adviser, the agency said
Investor advocates warn high-risk, high-fee investments could harm savers
Brenda Smith of Philadelphia diverted tens of millions of dollars from Broad Reach Capital, according to the charges
Raymond James is the latest broker to join the tussle over compensation on the insurer's variable annuities
An industry coalition filed a petition requesting the agency bring its staff 'guidance' in line with existing regulations on disclosing compensation for recommending mutual fund share classes
After being stalled for months, the proposal has finally advanced and could be heading toward public release
