Displaying 3266 results
Advisers may not be equipped to help clients navigate private markets
As SEC moves toward easing rules on unregistered securities, advisers could become gatekeepers.
Regulators, legislators focus on delivering restitution to harmed investors
Partisan split emerges over question of providing agencies more reach-back on fines
SEC charges Commonwealth Financial with conflicts of interest in revenue-sharing agreement
Firm's agreement with Fidelity's National Financial Services allegedly forced clients into more expensive share classes.
CFP Board’s effort to strengthen enforcement could sharpen teeth of fiduciary duty
But overall effectiveness of new advice standard still likely to depend largely on honor system.
CFP Board checks certificants against Finra, SEC databases in wake of WSJ analysis
Organization says it will no longer rely on self-reporting of disciplinary backgrounds and is creating a task force to reform its enforcement practices.
It’s time to end ‘rulemaking by enforcement’
If rules don't define advisers' obligations, it's hard for firms and advisers to operate their businesses and providing guidance to clients
GPB Capital accused of financial misconduct by business partner
Auto dealership owner who sold a majority stake to the firm said it is running a Ponzi-like scheme.
Waters amendment to kill Reg BI faces new hurdle
The policy rider, which passed the House largely along party lines, was not included in a budget agreement that requires any changes be approved by both Republicans and Democrats.
SEC warns RIAs to increase supervision of staff with disciplinary histories
Examination of 50 advisory firms shows lapses in disclosure, compliance programs
Bills to strengthen SEC’s hand seek bipartisan support
Legislation to increase penalties, ease statute of limitations pass House committee on party line.
Trump taps top lawyer against DOL fiduciary rule to head the department
Investor advocates wonder whether Eugene Scalia personally holds positions he advocated in court, while financial industry groups welcome the nomination.
Nick Schorsch returns to public view, this time to settle up with the SEC
After keeping a low profile for past few years, one-time REIT czar re-emerges to face consequences for past wrongdoing.
Senate Republicans seek allowances for RIAs to manage pooled crowdfunding money
GOP lawmakers also ask SEC to increase number of investors who qualify to buy private placements.
Finra reaches settlements with 56 firms for overcharging customers on mutual funds
Regulator obtained $89 million in restitution as a result of the crackdown.
SEC charges unlicensed Tennessee ‘broker’ for involvement with Ponzi scheme
Henry J. Wieniewitz, III charged with selling securities of the Woodbridge Group.
Schorsch, AR Capital to pay $60 million to settle SEC charges
The former REIT czar and his firm wrongfully obtained millions linked to REIT mergers.
Critics concerned with pending second wave of SEC share-class crackdown
Former SEC commissioner says agency is engaging in rulemaking by enforcement.
Former Beverly Hills rep found guilty of $200 million fraud scheme
Todd Ficeto was involved in an international hedge fund scam.
Texting your clients? Read this first
Compliance concerns are paramount when adding texting to your communications mix.
Departure of Alexander Acosta could slow DOL effort to revise fiduciary rule
Acting secretary Patrick Pizzella will have to make political decision to move ahead.
