Displaying 3266 results
Brokerages unnerved by parts of SEC advice rule that echo DOL fiduciary rule
Industry lobbyist suggests regulator avoid 'prescriptive' language for mitigating conflicts.
DOL fiduciary rule can cause litigation risk from beyond the grave
Although measure died in June, Massachusetts case against Scottrade lives on.
SEC freezes assets of group charged with $55 million Ponzi scheme
Daniel B. Rudden and Denver-based Financial Visions allegedly defrauded 150 investors
SEC bars Washington State RIA for selling unregistered promissory notes
Complaint alleges Jack Jarrell sold $64 million in securities without being licensed.
SEC nominee Roisman stresses disclosure, helping investors understand adviser relationship
Sen. Elizabeth Warren presses him on his stance on broker conflicts of interest.
SEC charges Beverly Hills RIA with keeping $131,000 in unearned fees
Agency says Margaret Black didn't refund money due to 63 clients who left firm.
Democrats criticize SEC advice rule, push for fiduciary standard
If party takes over House in 2019, look for increased pressure on the regulator for a stricter duty.
SEC charges Cape Cod RIA with $3 million fraud
Agency says Kimberly Pine Kitts created fake tax documents to cover up thefts.
Democratic senators want Finra to weigh in on SEC advice rule
Warren, Booker, Brown say Finra's interpretation could determine whether measure has teeth.
The regulatory hole around ETFs gets SEC scrutiny
The agency is working on an oversight regime for exchange-traded funds; it's also asking questions about the indexes that underpin the ETF market.
Behind closed doors: The big problem with how the SEC is getting insights from investors
Roundtables across country limited to those selected by the agency.
The SEC knows what’s best
Is the agency's proposed Best Interest Standard really in the best interest of investors?
Former Morgan Stanley rep who took $450,000 from clients barred by SEC
Cornelius Peterson pled guilty to adviser and bank fraud in theft of retirement savings.
SEC charges RIA and CEO with putting $19 million of client money into risky investments
Temenos Advisory Inc. and CEO George L. Taylor are also charged with pocketing hefty commissions and 'grossly overbilling' clients
SEC censures BGC Financial, imposes $1.25 million penalty over records
Order says firm didn't record $600,000 for broker's sports tickets as compensation.
Focus Financial raises goal for IPO to $600 million
Company's revised goal from $100 million could be a sign RIA valuations are rising.
Bills to reform adviser regulation, increase sophisticated investors and protect seniors pass House
Measures included in package of 32 bipartisan bills meant to ease rules, spur investment
Frenzy to get bitcoin ETF is clogging SEC email
The agency has gotten more than 90 comments on Cboe's proposal for a bitcoin exchange-traded fund.
803 small broker-dealers push for legislation to ease audits
Group supports bill that would exempt brokers who do not custody client funds and are in good standing from having to use an auditor registered with the PCAOB.
State-level activity slows on fiduciary legislation
But some states are still pursuing investment advice reform as the Labor Department's rule dies and the SEC works on its own proposals.
