Fines for bad actions are yesterday's news; today, sanctions come with acknowledgment of guilt and potential for personal liability and loss.
Both SIFMA and FSI cautious about Finra proposal to strengthen its database.
Bruce Kelly reports about Meyers Associates, a small New York broker-dealer with five times the industry average of registered reps with marks, or 'disclosure events' on their record.
As deadline for federal insurance looms, advisers report mixed results
Link compensation to investment outcomes, majority of CFA holders say in survey.
Houston radio host George Jarkesy charges the regulator denied him due process in a fraud case.
<i>Breakfast with Benjamin:</i>Oil spikes as Iraq's stability crumbles. Plus: Hedge funds bristle at Obama's latest executive order, the significance of the Dow at 17,000, how active managers are helping index investors, and quantitative analysis is being applied to golf scores.
An adviser who became a client of Dynasty in 2012 has faced two separate series of actions in the past year, most recently a Wells notice from the SEC's California office. Bruce Kelly has the story.
What's for <i>Breakfast with Benjamin</i>? The Iraq crisis hits another asset but in a good way. Plus: Oil spikes to nine-month high, a looming student loan crisis, how Goldman cashed out early on Alibaba, and a tribute to dads.
FSI poll also finds most have no plans to retire or sell their practices in the near future.
Mary Jo White took over the Securities and Exchange Commission with a back-to-basics plan to toughen enforcement and clear a backlog of regulations aimed at the last financial crisis.
President Obama's proposal to alter overtime pay rules reignites a debate over who should be compensated for extra hours. Should advisers be compensated for hours worked outside the traditional work week?
Firm to offer another way besides public listing for REIT sponsors to provide liquidity to investors.
Comment letters show independent B-Ds want no part of it, while wirehouses are all for it.
Joins JPMorgan Chase in settling charges it misrepresenting the quality of mortgage-backed bonds sold to investors as housing prices plummeted.
Commissioner Daniel Gallagher says adviser stats likely equal to registered rep stats from Finra.
In risk alert, regulator provides advisers with a detailed checklist of what it expects firms to provide for cybersecurity protection.
Arbitration awards have been flat for two years but two big ones looming on the horizon show brokers still grappling with real estate bubble fallout.
Brokers' exam scores, exam failures, terminations and other details that are currently omitted are already public information.
