Displaying 1932 results
Regulators zero in on protecting elderly investors
Finra files cease-and-desist order against brokerage firm for sales to older customers.
Broker-turned-congressman French Hill brings adviser skills to Capitol Hill
Background makes Arkansas legislator, no fan of DOL fiduciary proposal, a go-to source on financial services issues.
SEC commissioners push for bond transparency in wake of Edward Jones settlement
Regulator says Finra and MSRB should issue rules 'requiring the disclosure of mark-ups and mark-downs.'
SEC warns brokerages to monitor risky products better
Agency finds a significant number of inappropriate sales.
Finra brands DOL fiduciary rule misguided, confusing
The proposal to reduce conflicts of interest for brokers working with retirement accounts would create overlapping regulations that would baffle advisers and investors, regulator says.
Wells Fargo, Raymond James, LPL to repay investors more than $30 million for mutual fund overcharges
Finra says Wells Fargo, Raymond James and LPL self-reported their failures to waive sales loads for Class A shares for retirement accounts and charities.
SIFMA’s advice to DOL on the fiduciary rule: Start over
Industry heavyweight argues the proposal would limit access to investment advice.
Finra board candidate claims examiners are out of touch
Finra examiners should adhere to a code of conduct when reviewing member firms, Stephen Kohn, a candidate for the SRO's small-firm board seat, asserts. (Don't miss: How to make Finra work: Kovack)
Plucky candidates seek Finra board seats
Three contenders had to work way onto ballot, want reform in exams and arbitration
Ketchum tells lawmakers CARDS is on hold, not dead
Finra chief Richard Ketchum says the regulator has put its CARDS proposal on hold but hasn't given up on the plan despite heavy pushback from critics.
Perez calls out variable annuities in argument for DOL fiduciary rule
Using an anecdote critical of VAs, Thomas Perez says most people are better served by simple investments.
SEC approves rule requiring BrokerCheck links
SEC will require brokerages to include a 'readily apparent reference and hyperlink' to the database on home pages and broker profiles.
DOL fiduciary proposal feels heat as more industry players pile on
Great-West CEO Reynolds, Chamber of Commerce warn rule will hurt investors, advisers.
Interactive Brokers ordered to pay $1.2 million arbitration award
In rare dissent, one arbitrator says other Finra panelists were swayed by sympathy, not the law.
SEC fiduciary push gives momentum to third-party exams
SEC Chairwoman Mary Jo White jump-started a controversial move to expand the agency's coverage of registered investment advisers: farming out exams to the private sector.
SIFMA proposes own standard for brokers to act in clients’ best interests
Proposal means to counter DOL fiduciary duty with an amended suitability standard.
Finra launches ad campaign for BrokerCheck
Critics say promoting database is worthwhile, but that it doesn't have enough information for investors.
Finra wants to allow online CE training
Brokers would be able to conduct continuing education online rather than having to go to a test center.
Finra sends BrokerCheck link rule to SEC
Proposal would require brokerage firms to include links from their websites to a public database containing brokers' histories.
