Displaying 3266 results
State fiduciary rules slow down amid pandemic, political transition
Efforts to implement fiduciary rules in New Jersey, Nevada and Massachusetts are in limbo
Trump administration pushes regulations across finish line in waning days
DOL rules affecting investment advice and the use of ESG factors may be vulnerable under Biden
Robinhood under pressure for bringing ‘gamification’ to investing
The free trading app has been applauded for democratizing the market but critics, and regulators, are starting to take a closer look
Robinhood case to test Massachusetts fiduciary rule
But an investor advocate praises the state for targeting conduct other than outright fraud
Robinhood to pay $65 million to end SEC probe into stock orders
Online broker allegedly failed to properly inform clients that it sold their stock orders to high-frequency traders and other financial firms
DOL may be too late with final fiduciary rule
The rule's effective date falls after the Biden administration comes into power, meaning its ultimate fate remains unclear
House lawmakers introduce legislation to promote sustainable investing
The measure, led by Rep. Andy Levin, would require advisers to consider environmental, social and governance factors in investment decisions
SEC member Crenshaw says agency should provide guidance on Reg BI
Democratic commissioner says the SEC should define ‘best interest,’ clarify conflict mitigation related to Reg BI
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
SIFMA wants new SEC to give Reg BI time to work
The major financial industry group said the current agency has vowed for tough enforcement of the rule
Maxine Waters urges Biden administration to overturn Reg BI
The Chair of the House Financial Services Committee also targeted rules surrounding opening up private markets
Another election, another change in investment advice regulation
Fiduciary duty? Best interest? They’re ultimately political decisions
Biden’s SEC chair likely to take ‘hard look’ at ESG
Democratic member Caroline Crenshaw predicts climate risk will likely be on the agenda at the agency
SEC warns advisers to step up compliance systems
The exams revealed some advisory firms are lacking sufficient regulatory protocols and technology
Clayton’s Capitol Hill coda: Democratic blasts, Republican praise
SEC chairman defends 12b-1 fee crackdown against GOP criticism
SEC’s Clayton to step down at year’s end
Democrat Joe Biden is expected to name his chairman pick in the coming weeks
Biden financial transition team cheers investor advocates
But how a Democratic-led SEC interprets and enforces Reg BI depends on its chair
Record increases in assets and job growth for RIAs
Total assets under management were $97.2 trillion, a 16.2% jump from 2018, according to the Investment Adviser Association
SEC finds compliance deficiencies in RIA branch offices
The issues cited by the agency include overcharging clients and failing to manage conflicts of interest
SEC imposes $240,000 penalty on former Apollo senior partner
Mohammed Ali Rashid was found to have falsely described personal expenses
