Finra in no way gave special treatment to Jon Corzine, former chief executive of bankrupt MF Global Inc., according to CEO Richard G. Ketchum
The SEC last month slapped a financial adviser and radio personality known as “The MoneyMan” with fraud charges after his firm encouraged clients to invest in promissory notes linked to a company with which he was associated
Obama's CPFB appointment won't propel Dodd-Frank into GOP debate
MetLife Inc. must defend a lawsuit by the beneficiary of a policy who claimed the insurer paid $302,000 to the wrong person.
Regulator fines Wells Real Estate unit $300K for misleading marketing; says distributor claimed Wells Timberland was a REIT when it wasn't
Accounting firms would have to consider how much risk their clients take when auditing brokerage firms under rules proposed by the Public Company Accounting Oversight Board.
The Public Company Accounting Oversight Board voted today to charge fees on 640 B-Ds to help pay for examinations of their auditors. Non-custodians may get off the hook, though.
Massachusetts securities regulators filed a trio of actions today against investment advisers who defrauded customers out of millions of dollars
CFTC officials tell Senate panel they're still searching for the failed B-D's funds
A pair of former MF Global Holdings employees have filed a class action lawsuit against former CEO Jon Corzine and 11 other senior executives and directors over misleading them about the condition of the company.
Making it to the top of Goldman Sachs brings wealth, prestige — and apparently a waiver from Finra from taking the broker exams it regularly requires of others in the securities industry
If Dale Brown were a movie producer instead of a lobbyist for independent broker-dealers, he might be preparing a sequel.
Schapiro hints at allowing advisers to charge commissions, push proprietary products; 'business-model neutral'
Bachus bill put on the back burner; still gathering responses from industry
A federal judge's approval this month of a class action settlement is good news for representatives from Securities America Inc. whose disgruntled clients named them in arbitration complaints over sales of private placements that went bust.
The five registered representatives who filed a $36 million arbitration claim against National Financial Services LLC, a giant in the clearing industry and business unit of Fidelity Investments, face a daunting task to win their claim, according to industry attorneys.
After regaining the House majority in last year's elections, Republicans haven't been shy about raising their newfound voices.
The financial services industry may have thought it notched a win when Assistant Labor Secretary Phyllis Borzi pulled a proposed regulation that would have expanded the definition of “fiduciary” when giving advice to a retirement plan.
Finra chief executive Richard Ketchum has a lot on his plate — a situation for which he has no one to blame but himself.
