House poised to approve continuing resolution that freezes SEC budget, while agency's chairman says funding not enough to support expanded adviser exams
Republicans reject SEC user-fee amendment to appropriations bill that would have provided additional funding for adviser exams
Citing concerns over investor protection, SEC commissioners will take up a Finra proposal that would allow arbitrators to alert Finra to broad investor threats during dispute hearings.
More cooperation, aggressiveness leading to uptick in criminal cases
Administrative action follows Federal Court order for adviser Paul Marshall and associated companies to pay fines and disgorgement of more than $15 million.
Republican indicates a preference for enhanced disclosure.
New study pegs the annual cost for industry at $310 million, but fees for individual firms would vary based on AUM.
Despite record revenue at UBS Wealth Management Americas, profits fell in the second quarter as the firm reported that it had to set aside $44M for litigation costs, mostly related to the firm's investments in Puerto Rico.
Muni bond funds face ongoing Puerto Rican woes as Franklin Templeton and OppenheimerFunds challenge legality of Puerto Rican debt law
James “Jeb” Bashaw is now registered with small broker-dealer International Assets Advisory.
Regulators homing in on whether insurers are presenting a picture of performance that's too rosy.
Massachusetts Commonwealth Secretary William Galvin announces payment to reimburse senior citizens for surrender charges paid when switching variable annuities.
Group suggests gauging sophistication of individuals based on knowledge, or limiting the portion of a portfolio that can be invested in private placements.
<b>LPL Focus 2014</b>: Firm CEO Mark Casady tells 3,500 advisers to be ready for more requests for documentation and background.
Workers could have more power to hold plans accountable for excessive fees, depending on how the court rules on a key case next year.
A 19-year veteran of the organization will replace Linda Fienberg on Dec. 1.
Susan Walker admitted to accusations she used $980,000 of client assets to pay for personal expenses, including vacations and private school tuition.
Bruce Meyers allegedly inappropriately pushed an offering for a pharmaceutical company he co-owns.
Whistle-blowers might rake in more by dealing with the feds, but they're frustrated by slow process.
