Displaying 3266 results
Finra approves plan for specialized arbitrators to decide broker expungements
Board also votes for proposal about brokers acting as client beneficiaries.
We’ll just keep the wolf; hold the sheep’s clothing
The SEC offers no evidence investors will benefit from Reg BI beyond vague, unsupported assertions
SEC orders hybrid to return nearly $1.5 million over share-class violations
Clients of Founders Financial paid 12b-1 fees when eligible for lower-cost shares
SEC orders hybrid to return nearly $1.5 million over share-class violations
Clients of Founders Financial paid 12b-1 fees when eligible for lower-cost shares
Brokerages won’t know bite of Reg BI until enforcement begins
Principles-based rule provides little detail on how to comply.
Bank of Montreal advisory units pay $38 million for overcharging clients
SEC says BMO failed to disclose conflicts of interest when it put customers into proprietary funds.
SEC reaches nearly $10 million settlement with 17 additional firms in share-class crackdown
Of the firms involved, 16 self-reported and avoided civil penalties; another must pay a $300,000 fine.
Crypto ETF advocates face SEC resistance despite strategic shift
The asset managers still seeking SEC approval have tried to differentiate their funds from those that ended up on the scrap heap.
Invesco seeks SEC approval for ETF designed to thwart copycats
The actively managed funds would keep some of their holdings hidden.
The ETF market just got a shot in the arm from D.C.
SEC eases rules that the industry says slowed the issuance of new exchange-traded funds.
Experts warn SEC about perils of loosening private offering rules
Older investors and retirement savers could suffer, they say, but alternatives industry representatives tout portfolio diversification advantages.
Former California RIA barred, slapped for $1.2 million by SEC
Strong Investment Management had been charged with fraud in a "cherry-picking" scheme.
Phony adviser with $172 million in client assets had lots of baggage
Airline baggage handler leaned on Facebook to promote his advisory practice, 'Bored at Work.'
House hearing highlights SEC split on Reg BI
Democratic Rep. Maloney: 'It would weaken long-standing fiduciary standard for investment advisers.'
Efforts to block Reg BI likely to lead to delay, confusion
Investors cannot wait for the lawsuits to work their way through the courts.
After trading loss, employees at Atlanta B-D are looking for work elsewhere
IFS Securities reps are talking to other firms while some managers relocate.
Michigan RIA to pay $2.5 million for mutual fund conflicts
Sigma Planning failed to disclose conflicts related to 12b-1 fees: SEC.
Scalia might have to recuse himself from DOL fiduciary rule rewrite
Labor Secretary nominee tells lawmakers ethics rules could limit his work on matters connected to his former clients.
Morgan Stanley fined $225,000 over questionable muni bond trades
SEC: Firm was swapping bonds for clients with no alleged benefit to the customer.
Proposal for Bitcoin ETF withdrawn by Cboe, VanEck SolidX
The investment vehicle would only have been available to institutional investors
