The twin wins give Democrats operational control of the Senate, which is split 50-50s. While Democrats claim the majority because of the tie-breaking vote of Vice President-elect Kamala Harris, they hardly have free rein to advance legislation.
Under the measure, which the Financial Industry Regulatory Authority Inc. first released in May 2019, the broker-dealer self-regulator would use numeric thresholds for regulatory disclosures to identify firms that pose a heightened risk to investors.
The plaintiff failed to raise issues with the company's process of selecting and monitoring funds, a judge wrote
Walsh is a former head of the Boston Building and Construction Trades Council; his appointment is a signal that Biden will make the labor agenda a priority
The company was already targeted in another class-action case over the target-date series and managed account options in its plan
The challenges of the pandemic were magnified by the implementation of the SEC's Reg BI
The online trading platform’s popularity has skyrocketed over the last several months, but its fast growth has also generated increased regulatory scrutiny
Final judgment also finds Barry F. Connell liable for restitution, which he repaid in criminal case
Arkansas and Michigan become the latest states to adopt the National Association of Insurance Commissioners model rule
The commissioner had been counsel to Senate Banking Committee prior to joining the commission
The sanction addressed failures to maintain proper oversight of advisers, which included a Ponzi scheme, according to the regulator
Worden Capital Management displayed lax oversight of brokers' trades, according to Finra
Morgan Stanley’s $1.7 million settlement highlights remedies for excessive fees
Trump will likely name either Hester Peirce or Elad Roisman — the SEC’s Republican commissioners — as acting chairman
The SEC's rule, which represents the first update to advertising regulations since 1961, presents potential opportunities and dangers
A CARES Act provision that encourages companies to repay their workers' student loans would be available for another five years
Julie Ann Moskin and Retire Happy received fees for selling dubious securities, according to Massachusetts Secretary of the Commonwealth William Galvin
Taking time off to have a child, care for a family member or provide home schooling amid the pandemic can derail a career in finance.
Blass led the division’s work on updating rules for ETFs, BDCs and closed-end funds
Agency says advisers, brokers must apply ‘heightened scrutiny’ to sales of risky ETPs
