Displaying 1932 results
Finra slams Cetera with $1 million fine over RIA supervision
The shortcomings were related to supervision of some dually registered reps, according to the regulator
Robinhood accused of manipulating customers by Massachusetts regulator
The complaint marks the first time the state's fiduciary rule is being used to bring charges against a brokerage firm
Morgan Stanley loses appeal of $3.3 million award
The U.S. Court of Appeals affirms an earlier ruling against Morgan Stanley in a case regarding the sale of Puerto Rico bonds
How much are nontraded REITs really worth?
Advisers don't like it when REIT valuations bounce all over the place
Lawmakers want SEC to clarify how brokers can hold digital securities
The lack of guidance on custody is slowing the adoption of cryptographically based assets, experts say
Inheriting client assets? Finra says not so fast
The new rule requires reps to receive written permission before accepting an inheritance
Finra denies J.P. Morgan effort to clamp down on breakaway brokers
Arbitrators also rebuffed brokers’ counterclaims of defamation and unfair competition
Brokers generally ‘meeting their obligations’ on Reg BI: Clayton
Advisory firms should provide more details to reps on how to comply with the new rules, said SEC staff members
Finra proposes fee increase beginning in 2022
The brokerage industry self-regulatory organization says the hike is needed to address structural deficit
Finra proposal to tighten expungement process heads to SEC
The rule would establish a special roster of arbitrators for expungement and set deadlines for requests
Brokerages push to extend delay of on-site inspections
Remote oversight is starting to change the concept of supervision
Finra sanctions two Wells Fargo B-Ds for failure to supervise VA switches
Firms will pay $1.4 million in restitution to about 100 clients and fines of $675,000
Finra censures and fines Wells Fargo $350,000
Regulator says the firm failed to supervise reps’ sales of risky energy securities
Robinhood’s rapid rise yields irate traders, US probes
Both the SEC and Finra are now investigating Robinhood's handling of its March outage, sources say
Some lawyers warming up to virtual Finra arbitration hearings
New statistics from regulator show slow pick-up, but concerns remain over use of Zoom
Court upholding $6 million award against Credit Suisse could bolster clawbacks
Arbitration lawyer says decision sends signal to ‘Wall Street bullies’; Credit Suisse points to wins in other cases
SEC charges former Morgan Stanley rep with stealing $6 million from clients
Michael Barry Carter pleads guilty in a parallel criminal action in Maryland federal court
CFP Board offers remote option for September exams
Finra, NASAA began scheduling online tests earlier this week
Finra officials delineate ‘good faith’ efforts to comply with Reg BI
Initial reviews will focus on whether firms have put in place policies, procedures and training
State regulators propose restitution assistance for harmed investors
NASAA based its model rule on measures in place in Indiana, Montana, Vermont, Kansas and Maine
