Regulation And Legislation

Displaying 10509 results
New York court backs broker in $795K commission dispute with Helmsley Spear
REGULATION AND LEGISLATION APR 15, 2025
New York court backs broker in $795K commission dispute with Helmsley Spear

A New York appeals court upheld a $795,480.96 judgment for broker Scott Bloom in a dispute over unpaid commissions, rejecting Helmsley Spear’s procedural and contractual defenses.

By Matthew Sellers
Delaware court orders limited document release in investor suit over AI feeder fund
REGULATION AND LEGISLATION APR 15, 2025
Delaware court orders limited document release in investor suit over AI feeder fund

A Delaware Chancery Court decision granted a limited books and records inspection to an investor in a private AI investment fund, emphasizing the importance of documentation for closely held entities.

By Matthew Sellers
Illinois court rules dormant judgments can be revived after 14 years
REGULATION AND LEGISLATION APR 15, 2025
Illinois court rules dormant judgments can be revived after 14 years

An Illinois appeals court has ruled that creditors can revive dormant money judgments up to 20 years after entry - regardless of whether earlier revival attempts were made.

By Matthew Sellers
SEC faces expanded FOIA lawsuit over delays in Tesla, FTX, Bridgewater records
REGULATION AND LEGISLATION APR 15, 2025
SEC faces expanded FOIA lawsuit over delays in Tesla, FTX, Bridgewater records

A federal judge has allowed Aaron Greenspan to expand his FOIA lawsuit against the SEC, adding multiple claims related to records requests involving Tesla, Bridgewater, Meta, and FTX. A separate civil rights claim was denied.

By Matthew Sellers
Investor’s $225 million arbitration against JPMorgan faces court challenge over FDIC claims
REGULATION AND LEGISLATION APR 15, 2025
Investor’s $225 million arbitration against JPMorgan faces court challenge over FDIC claims

A federal court has questioned its jurisdiction over a $225 million FINRA arbitration dispute, citing unresolved liability issues and a missed FDIC claims deadline after First Republic’s failure.

By Matthew Sellers
Judge dismisses investor suit against Barclays over unregistered VXX securities
REGULATION AND LEGISLATION APR 15, 2025
Judge dismisses investor suit against Barclays over unregistered VXX securities

Federal court stops action over unregistered securities claim.

By Matthew Sellers
Why the spirit of the 10b5-1 is still intact
REGULATION AND LEGISLATION APR 14, 2025
Why the spirit of the 10b5-1 is still intact

'It's an enviable dilemma having a lot of money in one stock, but it's a huge risk to their portfolios.'

By Chris Davis
Suburban St. Louis B-D now facing state regulators' questions
INDEPENDENT BROKER DEALERS APR 11, 2025
Suburban St. Louis B-D now facing state regulators' questions

Moloney Securities has been the target of securities regulators recently for sales of high-risk alternative investment products.

By Bruce Kelly
Trump SEC pick Atkins gets senate confirmation
REGULATION AND LEGISLATION APR 10, 2025
Trump SEC pick Atkins gets senate confirmation

New SEC chairman vows "appropriately tailored" regulatory approach amid agency overhaul and market volatility.

By Leo Almazora
NASAA members vote to prohibit misleading use of advisor title
INDEPENDENT BROKER DEALERS APR 07, 2025
NASAA members vote to prohibit misleading use of advisor title

Conduct Rule will now more closely align with SEC's Reg BI

By Steve Randall
Commonwealth clocks big win in battle with SEC over revenue sharing
INDEPENDENT BROKER DEALERS APR 03, 2025
Commonwealth clocks big win in battle with SEC over revenue sharing

It’s been a tumultuous week for Commonwealth Financial Network, a leading independent broker-dealer.

By Bruce Kelly
SEC retreats on crypto: Dismissals signal strategic shift in enforcement
ALTERNATIVES MAR 31, 2025
SEC retreats on crypto: Dismissals signal strategic shift in enforcement

Regulator folds on three more cases.

By Matthew Sellers
Former OneAmerica broker suspended, fined for plundering hundreds of clients' nonpublic information
INDEPENDENT BROKER DEALERS MAR 28, 2025
Former OneAmerica broker suspended, fined for plundering hundreds of clients' nonpublic information

Finra says the former rep from Indiana transferred names, Social Security numbers, and other information associated with more than 1,300 customers to his personal email accounts.

By Leo Almazora
Judge dismisses investor suit against Barclays over unregistered VXX securities
REGULATION AND LEGISLATION MAR 28, 2025
Judge dismisses investor suit against Barclays over unregistered VXX securities

Federal court stops action over unregistered securities claim.

By Matthew Sellers
Trump SEC pick Paul Atkins grilled by Democrats in early political test
REGULATION AND LEGISLATION MAR 27, 2025
Trump SEC pick Paul Atkins grilled by Democrats in early political test

The prospective chair of the agency has pledged to shed conflicted interests and "return common sense to the SEC."

By Bloomberg
Finra moves to boot Alpine Securities, same firm that claims the regulator can’t
INDEPENDENT BROKER DEALERS MAR 27, 2025
Finra moves to boot Alpine Securities, same firm that claims the regulator can’t

'If I were on the side of Alpine Securities, I’d put all my eggs in the federal court,' one attorney said.

By Bruce Kelly
Advisors seek transparency on DIY investing as Robinhood faces investigation
REGULATION AND LEGISLATION MAR 26, 2025
Advisors seek transparency on DIY investing as Robinhood faces investigation

'I feel like they have created an addictive gaming culture, which is not healthy for investing.'

By Andrew Cohen
Sen. Elizabeth Warren presses Trump SEC Chair nominee Atkins ahead of confirmation hearing
REGULATION AND LEGISLATION MAR 25, 2025
Sen. Elizabeth Warren presses Trump SEC Chair nominee Atkins ahead of confirmation hearing

Paul Atkins pledges to address potential conflicts as the Democratic firebrand's open letter, along with filings around his financial interests, raises questions.

By Leo Almazora
Judge accused of bias in discrimination case by ex-life insurance employee
REGULATION AND LEGISLATION MAR 24, 2025
Judge accused of bias in discrimination case by ex-life insurance employee

My employer was biased – and the judge and magistrate are being unfair says ex-employee

By Matthew Sellers
Finra hits RIA buyer NewEdge with $1 million penalty over Muni bond trades
RIA NEWS MAR 24, 2025
Finra hits RIA buyer NewEdge with $1 million penalty over Muni bond trades

The market for municipal bonds is notorious for being opaque and filled with difficult to price securities.

By Bruce Kelly