Republicans on the House Financial Services Committee questioned the SEC leader about the roughly 50 rules the agency has proposed over the past two years.
The agreement between Advisor Group and CAIS on sales of alternative investments, and the revenue such sales would generate, is the crux of the matter.
Most advisors are avoiding recommending cryptocurrencies to their clients, a CoreData Research survey found.
As some of the worst performers of 2022 rebound in the first quarter, the outlook for the financial markets looks rosy.
Finra arbitrators order the firm and a broker to pay about $500,000 to a former McDonald's franchise owner after an options trading snafu.
Advisors evaluating alts for their clients should focus on what clients want to achieve as part of a well-diversified portfolio and understand their clients' cash flow requirements.
Open claims against the Iowa-based broker-dealer totaled $32.1 million at the end of 2022, eight times what it reported a year earlier, according to an SEC filing.
Crypto experts say distributions via blockchain technology will soon be commonplace.
The real estate trust, which has limited redemptions for a fifth straight month, had already hit 2% monthly limits in January and February.
Here are a few steps to consider before embarking on large-scale investments in the virtual landscape.
With inflation at a 40-year high, here’s how advisors view gold as a hedge compared to TIPS, crypto and other shiny metals.
As crypto takes center stage, the Digital Asset Council of Financial Professionals announces it's rolling out an expanded version of its certification for blockchain and digital assets.
The trade association is trying to insert language into capital formation legislation that would deem investors accredited if they work with a fiduciary advisor.
Grayscale sued, asking the DC Circuit Court to overturn a decision the firm called arbitrary and discriminatory because the agency had already approved ETFs that track bitcoin futures.
But investors looked to redeem fewer BREIT shares in February than in January, potentially a positive sign for the company.
The SEC chairman said using predictive data technologies may create 'inherent conflicts' of interest for investment advisors.
The advisor, Ryan R. Riley, also pleaded guilty in a criminal manner and was ordered to pay restitution of at least $434,000.
According to investment bank Robert A. Stanger & Co. Inc., January nontraded REIT sales to retail investors totaled just $596 million.
The firm, which has been a dealmaking machine since it launched in 2004, will go private as a result of its acquisition by private equity manager Clayton Dubilier & Rice.
After leaving Thomas H. Lee Partners in 2006, he started another firm, Lee Equity Partners, that made a handful of significant transactions in wealth management shops.
