Regulation And Legislation

Displaying 10526 results
INDEPENDENT BROKER DEALERS OCT 20, 2015
RCS Capital stock may be delisted from NYSE

Exchange warning on share price comes as Massachusetts securities cop Galvin <a href="//www.investmentnews.com/article/20151112/FREE/151119971/massachusetts-galvin-charges-realty-capital-securities-with-proxy&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">charges its wholesale brokerage, Realty Capital Securities, with proxy fraud</a>.

By Bruce Kelly
REGULATION AND LEGISLATION OCT 20, 2015
Investor lawyers say Finra moving too quickly on arbitration unit

Proposal would bring its dispute resolution arm back in house.

By Mark Schoeff Jr.
Another five firms ordered to pay $18M for mutual fund overcharges
REGULATION AND LEGISLATION OCT 20, 2015
Another five firms ordered to pay $18M for mutual fund overcharges

Finra says Edward Jones, Stifel Nicolaus, Janney Montgomery Scott, Axa and Stephens failed to waive sales charges for certain retirement accounts and charities.

By Liz Skinner
Mandatory arbitration reform on the docket at CFPB
REGULATION AND LEGISLATION OCT 20, 2015
Mandatory arbitration reform on the docket at CFPB

Experts in the financial industry question what spillover effect it will have on such clauses for brokers.

By Mark Schoeff Jr.
INDEPENDENT BROKER DEALERS OCT 20, 2015
Reining in expungements

Move to restrict broker expungement should improve confidence that the arbitration system is fair to investors.

By MFXFeeder
Finra presses ahead with proposal to temper expungement
PRACTICE MANAGEMENT OCT 20, 2015
Finra presses ahead with proposal to temper expungement

The regulator's Board of Governors authorized amendments to the code of arbitration and also approved a separate item to protect senior investors.

By Mason Braswell
Regulators target free lunches for elderly clientele
REGULATION AND LEGISLATION OCT 19, 2015
Regulators target free lunches for elderly clientele

Concerns involve linkages between these prospecting meals &#8212; popular with seniors &#8212; and sales of high-fee investment products.

By Mark Schoeff Jr.
FINTECH OCT 18, 2015
Building traffic to BrokerCheck

The question for Finra: How deep is their resolve to make BrokerCheck as popular as services like Yelp, TripAdvisor or Angie's List?

By MFXFeeder
RETIREMENT PLANNING OCT 16, 2015
Republicans want to see cost-benefit analysis before SEC proceeds on fiduciary

Today's hearing on 2016 budget discussed the DOL rule as well, with a lawmaker asking Chairwoman Mary Jo White, 'Why are you allowing the Labor Department to take over your territory?'

By Mark Schoeff Jr.
Former Edward Jones adviser faces jail time
PRACTICE MANAGEMENT OCT 15, 2015
Former Edward Jones adviser faces jail time

<i>Breakfast with Benjamin</i>: A former Edward Jones adviser is sentenced to five years in the slammer for bilking a disabled woman out of more than $100,000.

By Jeff Benjamin
Intel sued for investing employee 401(k) funds in hedge funds, private equity
RETIREMENT PLANNING OCT 14, 2015
Intel sued for investing employee 401(k) funds in hedge funds, private equity

Lawsuit alleges 401(k) and profit-sharing participants invested in tech firm's custom target-date series and global diversified fund lost hundreds of millions of dollars.

By Meaghan Kilroy
Gold rises from the dead
EQUITIES OCT 14, 2015
Gold rises from the dead

<i>Breakfast with Benjamin</i>: A dead asset no longer, gold shines bright above its 200-day moving average for the first time in five months.

By Jeff Benjamin
Advisers missing major wrinkle in DOL's fiduciary rule
PRACTICE MANAGEMENT OCT 13, 2015
Advisers missing major wrinkle in DOL's fiduciary rule

Proposal would force RIAs to comply with both the SEC standard and Labor Department's rule, FSI says.

By Dale Brown
RIA NEWS OCT 13, 2015
State securities regulators put out proposal to protect seniors

Proposal would clarify brokers' and advisers' responsibilities in cases of suspected elder abuse

By Mason Braswell
OPINION OCT 13, 2015
Americans more ready for retirement than ever

Compared to other nations, we have a substantial head start in building a sound, funded solution for the challenges of aging populations

By Paul Schott Stevens
Two SEC commissioners nominated
PRACTICE MANAGEMENT OCT 12, 2015
Two SEC commissioners nominated

Democrat Lisa Fairfax and Republican Hester Peirce have academic backgrounds and sit on the agency's Investor Advisory Committee.

By Laura Sanicola
Managing the convergence of compliance and technology
OPINION OCT 12, 2015
Managing the convergence of compliance and technology

A common thread across technology-driven breaches is the failure of firms to establish and enforce policies and procedures.

By Carlos Guillen
REGULATION AND LEGISLATION OCT 12, 2015
Mary Jo White's record scrutinized by critics and supporters

As she enters what could be her last year as chairwoman of the SEC, experts grade Mary Jo White's performance.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION OCT 12, 2015
Adviser running for Congress wants to protect Dodd-Frank reforms

Candidate says clients and constituents, virtually unfazed by recent market turbulence, need a level playing field for financial advice.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT OCT 11, 2015
Mary Jo White has earned a B- as SEC chairwoman

Heading a huge, highly visible agency in the wake of a financial crisis results in ups and downs for Mary Jo White.

By MFXFeeder