Finra says it is investigating REIT maven Tony Thompson for allegedly failing to turn over documents to the regulator. Bruce Kelly reports.
Finra boss Rick Ketchum says there's little chance of RIAs coming under the self-regulator's aegis. The upshot? Finra will focus more heavily on other issues.
Succeeds Elisse Walter, who remains a commissioner.
Massachusetts securities cops want background checks on would-be advisers. And some industry experts say the move could catch on in other states.
SEC's Walter warns that at smaller shops, compliance can fall between the cracks.
Appeals court in California says brokerage firms can force employees to hold accounts in-house, that flexibility in in trading policies rules.
Mary Beth Franklin looks at the Government Pension Offset, which can can turn retirement planning upside down.
NASAA also backs SEC exam user fee, wants crowd-funding redress.
Agency still hasn't gotten down to brass tacks on what rule would cost
Don't crank out those arb contracts just yet. Finra is challenging a ruling that OK'd waiver contracts, in which a client signs away the right to file a class-action lawsuit.
Orders Securities and Exchange Commission to pay back $7,500 fine.
Insurer failed to disclose to retirement plan clients that it kept investment gains related to late trades.
This week, an investor filed a lawsuit against Tony Thompson. Bruce Kelly fills in the details about the latest headache for the noted real estate investor.
Move could ease bottlenecks, bring state more in line with most others.
A Finra arbitration panel has ordered Cambridge Legacy Securities to pay an investor $1.5 million over private placements
Commission steps up efforts to hold mutual fund directors accountable for accurately priced assets
But keeping investors out of actively managed funds would help, says BC research center
Extra $256 million would allow agency to hire hundreds of examiners.
Crapo cites her commitment to economic analysis of rules.
But SEC chair nominee says some benefits can't be quantified
