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SEC bars former assistant over alleged misappropriation of funds
Adviser Lauramarie Colangelo said to have impersonated a client to help associate gain account access.
As curtains close on DOL fiduciary rule, SEC advice rule takes center stage
Anti-fiduciary forces may find it easier to challenge the SEC's proposed rule now that the Department of Labor's regulation is all but dead.
Beyond BrokerCheck: SEC adds online adviser search tool
SALI shows whether advisers have a judgment against them in an enforcement action
6 big questions about the SEC advice rule
There's plenty of confusion around the contents of the agency's proposal. Here's some clarity.
Justice Department lets deadline to defend DOL fiduciary rule pass. What’s next?
The DOJ had until Monday to appeal a split decision in the 5th Circuit Court of Appeals that struck down the regulation. Does that mean it's dead?
No matter how bad the share-class violation, SEC won’t oppress those who self-report
Agency clarifies in FAQs that it will not impose a civil monetary penalty, but will require advisers return 'ill-gotten gains' to clients.
SEC bars Howard Present, former head of F-Squared Investments
Unless Howard Present pays $12.4 million in penalties, interest and disgorgement, he can't be reinstated
Finra proposes further restrictions, supervision of high-risk brokers
Proposals would allow restrictions and supervison to be imposed while disciplinary action is still being decided.
Finra should let brokerages decide whether to supervise unaffiliated RIAs, FSI says
But dually registered advisers back the regulator's effort to get broker-dealers out of their hair.
SEC advice rule faces arduous journey
The centerpiece of the proposal, the Regulation Best Interest rule, is not fiduciary and isn't uniform.
One year later, is Finra 360 working?
A year after launching its self-examination, the regulator is getting both praise for its efforts and calls for more concrete results.
Fiduciary watchers say problems with SEC advice rule portend long slog
Potential pitfalls include lack of detail on best-interest standard, demarcation between sales and advice.
SEC advice rule: Jay Clayton says brokers must adhere to ‘fiduciary principles’
However, he believes they also deserve a different standard of care from investment advisers.
UBS whistleblower told he doesn’t get protection from firing
Craig Price's testimony to Finra about a colleague's behavior doesn't qualify for Dodd-Frank shield, court says
Finra touts improvements during first year of Finra 360 operational review
Critics say the changes so far don't go far enough.
Ameriprise CEO James Cracchiolo welcomes new SEC advice rule
He says the proposal is more appropriate than the DOL fiduciary rule.
Chicago adviser Daniel H. Glick sentenced to 12 1/2 years for fraud
Ordered to pay $5.2 million in restitution.
5 key questions about the SEC’s proposed ‘best interest’ standard
The regulator may have purposely left portions of the standard vague so it can crack down on behavior not explicitly stated in the rule.
Finra proposes to widen net for churning violations
Under new rule, brokers would not have to have control of account to be found liable.
U.S. Supreme Court debates status of SEC’s in-house judges
`Buckets of Money' case tests power of agency's administration law judges in Trump era.
