Will require that brokers perform reasonable due diligence to understand the nature of the recommended strategy or securities product and whether it's suitable
Legislation that would establish one or more self-regulatory organizations for investment advisers has not crashed, but its trajectory is stalling. It's not clear when -- or if -- the House Financial Services Committee will vote on the bill.
Russell Wasendorf Sr. faces up to 50 years for part in commodity brokerage's collapse
Regulator names names in statement disclosing Reg D enforcement actions; Securities America on the list
Although they're fighting over how to extend Bush-administration tax cuts, both parties agree on the need for fundamental tax reform, according to one leading House Republican freshman.
On Monday, Finra rolls out its expanded suitability rules. Some advisers and attorneys say the rule is a little too expanded for their liking.
In the middle of a presidential election year, it's natural to focus on the combat for the White House. The real impact of the vote this November, however, will be felt at the regulatory level by the personnel who are appointed by the president and implement financial-services rules.
Supreme Court decision could muddle end of the year wrangling in Congress; which taxes are in, which are out
Firms track 'buy' and 'sell' transactions; with hold recommendations, there's no there there
Jamie Dimon claims the $2B trading loss at JPMorgan came from a credit hedge that morphed 'into something I can't justify,' but Meredith Whitney insists it was a simple proprietary bet all along.
Repo loans would provide a more accurate reading of the cost of borrowing money
