Up to 700 employees have reportedly accepted the Trump administration's $50,000 incentive, raising questions about the agency's ability to function in the future.
SEC complaint charges RIA with fiduciary breaches over client assets invested in mutual funds and money market sweep funds that created millions of dollars in revenue-sharing payments to broker dealer appropriate.
New guidance addresses some areas of ambiguity for investment firms, but they may require a revamp for some materials.
Finra settlement says the advisor failed to inform his former employer about the client's condition until after he resigned.
Commission says that fund and its investors lost $1.6M as a result.
This dispute centered on a group of Stifel Financial advisors who left the firm two years ago to an RIA.
The current legal battle with a broker-dealer, Alpine Securities, is the latest challenge for the industry regulator.
“The arbitration panel really threw the book at Stifel,” according to one plaintiff’s attorney.
Changes in regulations are keeping compliance officers busy. Here's how they are keeping up.
A new policy proposal from the Managed Funds Association lays out requests to reduce disclosure requirements and offer legal clarity on crypto ownership, among other priorities.
Meanwhile, Finra’s fines against the brokerage industry declined in 2024.
Finra has hit the investing platform with another multi-million-dollar penalty.
Calvin Gray repeatedly impersonated victims who were customers of a number of other banks and financial institutions, according to a federal indictment.
The regulatory association's annual list highlights risk from tech-powered fraud and affinity scams, with an expected uptick in the weaponization of AI.
And GPB founder David Gentile and ex-broker-dealer chief Jeff Schneider want the company to continue paying legal expenses.
The agency is fighting for its existence having been forced to pause operations.
In 2019, the SEC claimed Commonwealth had breached its fiduciary duty.
With big staff cuts coming to an agency already struggling to provide customer service, Social Security claimants should begin preparing, advisors said.
The Finra panel found UBS Financial Services liable for $69.1 million in punitive damages.
A memo from SEC COO Ken Johnson gives staff several weeks to accept a voluntary separation package or early retirement.
