Displaying 1932 results
Brokers find it harder to wipe slate clean
Public pressure on Finra's expungement process has arbitrators thinking twice about erasing disclosure events, attorneys on both sides agree.
SEC limits who qualifies as a public arbitrator
Agency approves rule to throw more candidates into nonpublic pool.
SEC approves Finra background check rule
SEC approves Finra background check rule; expanded requirement faces industry pushback but could help firms avoid rogue hires.
SEC keeps fiduciary promises vague for 2015
Agency's annual report reveals higher percentage of adviser exams, and priorities for next year.
Finra’s proposed nontraded REIT rule changes could have gone further
Checks on sponsor companies and protection for investors and advisers is welcome, but statement reporting adds more confusion than clarity
Tittsworth exits IAA after waging battles on behalf of investment advisers
After 18 years, David Tittsworth is leaving the Investment Adviser Association, a group he led during a period of expanding regulation.
Small firms hustle for Finra board slot
Potential candidates for open seats battle voter apathy ahead of next month's annual meeting.
Finra, SEC at odds over disclosure of bad behavior by brokers
In today's Breakfast with Benjamin, Finra and the SEC's mixed messaging over how much badly-behaved brokers need to disclose stirs up new discussion, plus more on Millennials, Obamacare and the Ukrainian conflict.
FSI gives revised Finra BrokerCheck link rule the thumbs down
In a new comment letter, the industry group contends that the rule would create undue regulatory costs.
Finra’s broker bonus disclosure rule pulled
Finra has withdrawn its controversial proposal that would have required brokers to tell clients about recruitment incentives. The move took industry watchers by surprise; some expect the regulator to float a new proposal.
Finra trims operating loss but compensation costs climb
Finra trimmed its operating loss last year, helped by a modest increase in revenue, but compensation and benefit costs continued to eat up a chunk of the SRO's funds. After eking out a slight net income gain, Finra set a rebate to member firms.
RIAs should be forced to hire outside examiners: Gallagher
Afraid of another Madoff scandal, SEC commissioner Daniel Gallagher says RIAs should be forced to hire outside examiners. Plus: More from Finra's annual conference
Finra fee hike not a terrible idea
There are few times in life — very few — when paying more for something is good. Paying…
Warning: This regulator eats what it kills
At Finra, fines are less than 10% of the annual budget but make no mistake, they are important, says Mark Elzweig.
Industry preparing for an adviser SRO
Self-regulation is a hot topic at many conferences for investment advisers. Most often, sessions on the subject center…
Finra’s goal is to win back investors’ trust: Ketchum
The following is an edited transcript of a speech given by Richard G. Ketchum, chairman and chief cxecutive…
Adviser groups open their wallets to reach members of Congress
Interest groups lobbying Congress on behalf of financial advisers spent anywhere from $20,000 to nearly $2 million in the first quarter. Mark Schoeff reports on who spent what.
Finra holds off sending nontraded REIT share price rule to SEC
Regulator still reviewing industry comments on rule to give investors better handle on share values.
Finra approves background checks for brokers
At its board meeting, Finra approved background checks for brokers and plans to consider requiring new information such as exam scores on BrokerCheck.
BlackRock lists Ukraine among the biggest threats facing the markets
Breakfast with Benjamin: BlackRock calls Ukraine a market threat. Plus: JPMorgan gets a slap on the wrist from Finra, Yellen ponders fuzzy unemployment data, where the gold rally is headed from here, and the emergence of subprime business loans.
