In 2014, SEC officials expect to take a 'swipe' at the group of about 4,000 RIAs that have never been examined before, but critics are skeptical. It's no game of gotcha, the agency's compliance chief says.
Finra's report on how to avoid conflicts of interest seems to be pushing brokers toward the fiduciary standard already used by investment advisers. How far can it go?
The financial services business is out of touch regarding the sensitive issue of compensation even as the American public remains angry at Wall Street bankers for the credit crisis. Bruce Kelly explains.
Streamlined exams will enable SEC to conserve resources and conduct more RIA audits
Agency sets 2014 priorities, which include keeping an eye on B-D sales practices, fixed income markets.
Financial adviser allegedly spent more than $10K on someone else's credit card
<i>Friday's menu:</i> Gold rides high on the taper effect, playing smart defense with a wide-moat ETF, blaming cold weather in February, stirring the income inequality pot, why you should complete your LinkedIn profile, and the SEC shows some love.
Three former WJB Capital Group Inc. executives were charged with defrauding investors of more than $11 million in a bid to prop up the now-defunct broker-dealer. The trio pleaded not guilty.
The departure of Sen. Max Baucus as Senate Finance Committee chairman has set back efforts to achieve comprehensive tax reform.
The snowstorm that walloped most of the East Coast last week did not deter Finra's board from meeting in New York and moving on important investor issues.
Jill Wile said she was retaliated against and terminated for making discrimination claims against her boss.
CEO and COO also ordered to pay $175,000 in penalties .
<i>Breakfast with Benjamin:</i>The Bond King: China's a big risk. Plus: JPMorgan goes on a settlement binge, finance industry tells investors to stay calm, Obama administration catches a CBO boomerang, and some healthy balance sheets for the New Year.
Finra has proposed a rule that could give arbitrators more authority in referring cases for disciplinary action.
Practice may interfere with arbitrators' ability to determine appropriateness of expungement, Ketchum says.
Employee benefits and tax, retirement and estate planning must be discussed under Finra rule, compliance expert says.
New Fed chief invests primarily in index funds and blue chip stocks. What can we learn about the policymaker from a peek at her investment choices?
The Senate vote of 56-26 to confirm Yellen means she garnered even less support than outgoing Chairman Ben S. Bernanke.
Proposed rule would require brokers to factor in fees and commissions when listing share prices on client account statements; if approved by the SEC, rule change would do away with the $10-a-share listing price.
WJB Capital Group Inc. and two of its top executives settled allegations that it masked the firm's financial difficulties and traded securities without sufficient capital during the two years before it shuttered its doors in January.
