The disgraced singer is serving a 30 year jail sentence.
Pension funds led by the Iowa Public Employees' Retirement System brought an antitrust action related to the banks' control of the market for stock loans used for hedging and short selling.
The provision was buried on page 302 of a rule focused on private-fund advisors. The SEC also reopened the comment period on its advisor custody proposal.
Quarterly reporting and an annual audit 'could eat into returns and be borne by investors.'
There has been a trend away from mutual funds toward ETFs, but not in the 401(k) world, and fund provider F/m Investments sees that an opportunity.
Regulators have taken numerous actions against metals dealers that target older customers through TV ads.
Michigan RIA owner says case is a 'true David and Goliath situation' and that company name has caused significant confusion in the market.
A broker in the firm's Garden City, New York, office put way too much WisdomTree stock in his aunt's portfolio.
A case against an advisor and insurance agent over his failure to disclose commissions could have wider consequences.
Compliance experts have their say after SEC's first enforcement action based on new marketing rule highlights dangers of hypothetical-performance ads.
Bill St. Louis, a long-time Finra executive, succeeds Christopher Kelly, who had served as acting head of enforcement since February.
The term is used and misused to the extent that it has lost meaning — but it's not going away, and it could be a mistake to ignore it.
With the SEC preparing to approve a number of major proposals next year, firms face added costs and a huge amount of compliance work.
Regulations that go final during the summer or later in an election year can be vulnerable to a procedure that lets the new Congress disapprove rules approved during the previous Congress.
The AFGE represents 43,000 employees of the Social Security Administration.
Unnamed SEC sources signal the regulator is considering approval of new funds.
Alabama-based advisor denies he did anything wrong in a statement on his IAPD profile.
The California Public Employees’ Retirement System has turned over thousands of pages of documents in recent months to Congress.
'As much as I might want to see some relief for my clients and myself, there should be a balance between revenue and expenses in the federal budget,' one advisor says.
