Tittsworth letter encourages agency to reallocate existing resources to bolster examinations.
William Galvin in Massachusetts and his securities regulator counterparts in Illinois are surveying state-registered investment advisers to determine their cybersecurity readiness.
Hearsay Social, a social platform for broker-dealers, adds content providers Broadridge, Life Happens, NewsCred and Trapit.
Chairman says agency has the authority to implement such a rule.
<i>Breakfast with Benjamin:</i> BlackRock calls Ukraine a market threat. Plus: JPMorgan gets a slap on the wrist from Finra, Yellen ponders fuzzy unemployment data, where the gold rally is headed from here, and the emergence of subprime business loans.
From system infiltrators to social engineers, scammers seek access to advisory firms' weakest points of entry.
Analysis finds brokers who fail basic securities exams have more dings on BrokerCheck.
Independent B-D spends $8.8 million to resolve litigation prior to acquisition by RCS Capital.
The fundraising, which also includes new investors such as Ribbit Capital, is at least two weeks away from closing and final terms could change.
The Massachusetts Securities Division, led by William Galvin, targeted many of the wrong firms in questioning 401(k) record keepers about employers moving to an annual match instead of contributing each pay period.
William Galvin, Massachusetts' chief securities regulator, is calling on 401(k) plan administrators to report how many companies have shifted to a lump-sum matching contribution once a year, a change that can undermine worker savings.
Nick Schorsch's RCS Capital is building the second-largest independent broker-dealer network &mdash; 9,000 registered reps and financial advisers &mdash; through several acquisitions it announced last year.
Well-known blogger and industry gadfly continues to pepper online advisers.
Nick Schorsch has been snapping up B-Ds with the fervor of Carrie Bradshaw from “Sex and the City” chasing down her next pair of Manolo Blahniks. But with J.P. Turner, is the firm's stock-jockey history a problem or did Nick buy a gem at downtown prices?
Fines for bad actions are yesterday's news; today, sanctions come with acknowledgment of guilt and potential for personal liability and loss.
Introducing 'the law of 1,920' to underline that advisers' income is completely dependent on where they spend their work hours in a year
Tool will enable IRI member firms to project how much retirees will spend on health care.
Both SIFMA and FSI cautious about Finra proposal to strengthen its database.
Building Social Security benefits into your clients' retirement income plans? You might want to think again. Mary Beth Franklin on the "ugly truth" of what's eating that income.
