Reps traded excessively in 110 customer accounts, racking up close to $4 million in commissions and trading costs.
Republican lawmakers fired off letters to financial industry giants warning their efforts to combat climate change could violate antitrust law.
The agency plans to hold a meeting next Wednesday to finalize its changes, which could result in a clash with the $5.5 trillion industry.
Lawyer claims award was a 'poor decision' and should have been bigger.
But will the SEC agree that the asset manager’s refiled application will facilitate the democratization of crypto trading?
A plaintiff alleges that ESG led to lower returns, but the case brought against American Airlines' defined-contribution plan might be more political than substantive.
Former Finra board member Stephen Kohn set up the group to help advisors who are looking for a new job, seeking to address a customer complaint on their record, or need help with a range of other issues.
Both GPB private placements and the LJM mutual fund were widely sold by brokerage firms prior to 2018.
The broker-dealer regulator's revenue fell as a result of a decline in the market transactions on which Finra charges fees.
All five of the refiled applications indicated that Coinbase will provide market surveillance for their funds, a fact that wasn't included in previous iterations.
Rejection screams 'we're ready to approve,' says financial planner.
'When an advisor or client stretches for yield, that’s when they can get hit,' one financial advisor notes.
Advisors react to financial challenge posed by Supreme Court's decision, combined with the lifting in October of a freeze on student loan payments
A Chinese fintech company executive, inside information about Morgan Stanley deals and six-figure illicit profits.
The high court tossed out President Joe Biden's plan to slash the student debt of more than 40 million people.
It's the latest high-profile traditional financial finance firm to file for such an exchange-traded fund, after BlackRock made a splash with its June 15 application.
Diversity among financial advisors is currently lacking, and the Supreme Court's ruling is unlikely to help.
'A leopard doesn’t change its spots,' one industry attorney said of Wilson Baston of Brooklyn, New York, who had pleaded guilty in 2008 to deceiving hundreds of investors in a Ponzi scheme.
The report says more than half of investment advisors force their clients to go to arbitration to settle disputes, but it doesn't put a number on RIA arbitration cases or the costs for claimants.
James Iannazzo made cash transactions totaling close to $846,000 to avoid detection, the regulator alleges.
