An arbitration panel rules in favor of former advisors who claimed the firm had delayed compensating them for their work, violating ERISA rules.
Advisors caution professional athletes to hire teams and give associates limited access to their accounts.
Committee votes 21-13 to undo the contentious DOL regulation, paving the way for the measure to be considered by the full House.
Joint effort by CFTC, NASAA and Finra flags risks and potential fraud, including common falsehoods and scams aimed at IRA investors.
The former rep refused to cooperate with an investigation alleging that he transferred funds from a client account without authorization
Commissioner Martin O'Malley, in his early days on the job, said that practices will change next week.
The proposal sets the stage for an election-year fight with President Biden, who accused the GOP of going after entitlement programs during his State of the Union address.
Policymakers now see just three rate reductions in 2025, down from the four they forecast in December, following a recent uptick in inflation.
A banking industry survey reveals a high satisfaction with financial institutions.
Three associations say investors will lose out from expanded dealer definitions.
The regulator hands down a $850,000 penalty after finding noncompliant promotional messages from M1's finfluencer army.
The restrictions have negative economic consequences, according to research supported by business groups.
Delphia and Global Predictions both made 'false and misleading statements' about their use of artificial intelligence, the SEC says.
The regulator fined the firms $150,000 each for failures related to protecting thousands of clients’ private information and cybersecurity gaffes.
The firm's trade-surveillance program has operated with certain deficiencies since at least 2019, according to the OCC.
The broker and Next Financial Group Inc. are on the hook for more than $1 million in penalties.
Citadel, KKR & Co. and Blackstone Inc. are among the firms that have been talking about strategies to blunt SEC penalties related to the use of messaging apps.
The proposed budget seeks to increase taxes for corporations and the wealthy.
'Last year saw bigger Finra fines per case,' a lawyer says. 'Supersized fines, or those of $1 million or more, were up, and mega-sized fines, or those of $5 million and more, increased too.'
With the final version of the rule now at the Office of Management and Budget, it won't be long before it's published. Don't expect a lot of changes, lawyers say.
