Displaying 3266 results
Is title reform the answer to the fiduciary debate?
What many thought could be a silver bullet against piles of fiduciary regulation now seems just as controversial.
Wells Fargo Advisors now under investigation by Galvin
Massachusetts securities regulator cites DOL fiduciary rule when discussing probe that will focus on investors moved into higher-fee accounts, 401(k) rollovers.
Merrill Lynch fined $1.25 million over Chinese stock sale
SEC says Merrill missed 'red flags' while selling millions of shares.
CAT implementation uncertainty gives broker-dealers strategic options
Firms should address shortcomings in data reporting now.
SEC reaches $3.6 million settlement with Voya over securities lending
Voya wrongly recalled securities it had loaned out to mutual fund clients early in order to give a tax benefit to its insurance affiliates.
SEC revokes registration of DMS Advisors over fraud
Agency charges mutual fund manager with diverting money, faking statements.
Finra unpaid arbitration increased in 2017, PIABA report finds
Lawyers group calls on broker regulator to set up fund to compensate investors.
Senators want SEC, Finra to crack down on Wall Street’s harassment policies
Elizabeth Warren leads call amid #MeToo movement.
Top Wells Fargo exec to advisers: ‘Stay positive,’ keep walking the ‘noble path’
Weiss urges advisers to remain upbeat as news breaks of another potential scandal at the firm.
Ameriprise hit with enforcement action over expensive share classes
SEC has made a crackdown on high-fee funds a top priority, including a program for self-reporting failures.
FSI aims for workable best-interest standard this year
Group supports the SEC's effort to establish a uniform standard of care.
Fiduciary advocate calls for immediate enforcement of DOL fiduciary rule
Consumer Federation of America cites Massachusetts action as one to emulate, in letters to the Labor Department and various regulators.
SEC Chairman Jay Clayton outlines goals for a new fiduciary standard
Rule should provide clarity on role of adviser, enhanced investor protection and regulatory coordination.
SEC commissioners cheer Clayton’s efforts on fiduciary rule collaboration
Agency hopes to overcome past divisions on investment advice standard.
SEC charges Strong Investment Management and owner with ‘cherry-picking’ trades
Says Yorba Linda, Calif.-based RIA allocated profitable trades to owner, losers to clients.
Court orders wife of Massachusetts adviser to disgorge $518,000
Although not charged, Shawnet Thibeault had received funds from fraud: SEC.
Advisers should take SEC up on offer to waive penalties
This isn't exactly an amnesty program, but it's probably the closest thing.
ETF alphabet soup obscures market risks
Industry executives call for clearer classification of exchange-traded products after the XIV ETN plummeted last week.
Muted sanctions remove spotlight from Wall Street misconduct
Under Jay Clayton's leadership, the SEC has opted not to hype hedge-fund and big-bank cases.
SEC closes book on Brian Block, former Schorsch associate, with $160,000 fine
The former CFO at American Realty Capital Properties Inc. was previously sentenced to 18 months in prison for securities fraud.
