Displaying 3266 results
What Elon Musk can teach advisers about social media
To avoid a run-ins with regulators, advisers should run posts by a compliance team.
The midterm elections: What’s at stake for financial advisers
A shift in control of the House could change the course of important issues, including the SEC advice rule, tax reform and retirement policies.
Jay Clayton rejects Trump tweet calling for less frequent earnings reports
SEC chairman says quarterly reporting isn't likely to change
Tesla penalty emphasizes aggressive year-end for SEC enforcement
Regulator's fines surged to $2.59 billion in the six months ended in September, up from $9.8 million in the first half
State regulators brought hammer down on unregistered advisers more than registered ones in 2017
But NASAA said among cases brought against registered entities, the number of investment adviser cases 'significantly outnumbered' broker-dealer cases for the first time.
New Jersey could be first in fiduciary ‘blue wave’ with pending proposal
State poised to jump to lead in resisting forthcoming SEC advice rule.
New NASAA president Michael Pieciak puts cybersecurity at top of agenda
State regulators release request for comment on model cyber rule
Schwab report shows strong growth of SEC-regulated advisers
New registrations increased 20% in 2017 over the year before
Finra CEO Robert Cook cautions industry not to take comfort in sharp drop in fines last year
A recent third-party report showed Finra fines up in the first half of 2018, but the regulator declined to project this year's numbers, saying only that penalties fluctuate.
Merrill Lynch no longer will accept penny stock trades
Action comes as SEC continues crackdown on low-priced securities.
SEC adds cybersecurity bite to its bark
Regulators are done warning firms about data security and Voya receives a first nip.
SEC advice rule falls short on investor protection, lawmaker asserts
Rep. Stephen Lynch notes Dodd-Frank provision authorizing SEC to impose uniform standard 'no less stringent' than fiduciary duty.
Voya pays $1 million to settle SEC charges over cybersecurity breach
Attackers allegedly impersonated independent advisers to gain access to VFA's online portal.
SEC charges Wells Fargo adviser with defrauding clients out of $1 million
SEC complaint: John Gregory Schmidt sold securities from seven of his clients to cover shortfalls in 10 other accounts.
FSI celebrates death of DOL fiduciary rule, praises SEC advice rule
General counsel David Bellaire predicts final broker standard in 2019, but not Form CRS.
TD Ameritrade fined $500,000 for failing to report advisers’ suspicious activities
Activities cited include suspicious trading, questionable transfers, and potentially false and misleading statements.
SEC’s proposed advice rule is about as clear as mud
The way we see it, there's value in simplicity — so let's start there.
Ladenburg chairman Phillip Frost steps down
The SEC charged Frost with fraud earlier this month.
Clayton declines to set timeline for final SEC advice rule
Agency's chairman says, 'We have work to do,' following investor roundtable in Baltimore.
SEC charges $54 million Louisiana RIA and owners for cherry-picking scheme
Wesley Kyle Perkins and Priscilla Gilmore Perkins, husband and wife owners of World Tree Financial, allegedly benefited themselves by handpicking the most profitable trades.
