Displaying 3266 results
Most Democrats support DOL advice proposal in House hearing
'We ought to require the best interests of the investor to be protected and we’ve got some loopholes to fill,' says top Democrat on the panel.
SEC OKs 11 spot bitcoin ETFs in milestone for digital assets
The exchange-traded funds will greatly increase access to the largest cryptocurrency.
BlackRock, Ark cut fees on bitcoin ETFs again
Fund companies try to position their products to attract first-day inflows that could hit $4B once the SEC approves the funds.
SEC denies bitcoin ETF approval after X account compromised
Chair Gary Gensler denounces unauthorized social media post.
Bitcoin-ETF issuers hope for long-awaited SEC OK this week
The SEC has until Wednesday to take action on at least one of the applications for bitcoin ETFs.
Bitcoin ETF issuers clear hurdle on path to SEC approval
SEC staff members asked some exchanges and issuers seeking to list the ETFs to submit the final version of a key document as soon as Friday, sources said.
Lawyers welcome proposed crackdown on brokers lending money to clients
'Ninety-nine percent of the time, lending to customers or borrowing from them is a bad idea.'
Industry, investor advocates square off in comment letters about DOL advice rule
Battle lines drawn again as trade associations call on DOL to withdraw proposal, while proponents say measure fills a regulatory gap.
What do regulators have in store for financial services in 2024?
With lots of new and existing regulations to deal with, as well as the challenges posed by AI, it's shaping up to be a strenuous year for compliance executives.
SEC climate agenda stalls
The lack of progress is worrying environmental activists given the approach of the US presidential election, which could scuttle the regulator's ESG efforts.
Idaho regulator seeks wide range of input on fintech oversight
'We will build our own principles-based models best suited to emerging financial technology innovations,' says state's securities regulator.
Advising armed forces members past and present
Andrew King, co-head of Tax Policy & Research for Goldman Sachs Ayco, explains how to help U.S. service members and veterans avoid a battle with federal bureaucracy to get financial benefits.
New tool enables certification of SEC Names Rule compliance
Fintech says its solution provides greater scrutiny of ESG claims.
Private securities investor threshold needs a rethink, warns advisor
Inflation, retirement savings growth expand pool of sophisticated investors, according to SEC Report.
‘Ponzi-like’ private placement mess GPB slides into receivership
GPB's founder was an accountant who couldn't do the firm's accounting.
Industry opponents call on DOL to withdraw retirement advice proposal
On day one of public hearing, critics argue potential new measure will alienate some clients and is 'overbroad, unnecessary and inconsistent.'
Will rising interest rates spark SEC crackdown?
Some broker-dealers are 'in a bit of a pickle' due to how they invested client cash, industry executive says.
Panel suggests SEC use existing rules to address advisor AI conflicts
'You don’t need to reinvent the wheel here. You’ve got the building blocks to address [AI and predictive data analytics] concerns,' says a member of the advisory committee.
SEC wrestles with how to open private-market door to ordinary investors
RIAs could serve as a portal to private placements for their clients, says member of an SEC advisory committee.
Supreme Court arguments cast doubt on SEC’s use of in-house judges
Conservative justices suggest that people accused of fraud by the SEC have a constitutional right to go before a federal court jury.
