Republicans want tax breaks for private equity, manufacturers and businesses, while Democrats want to expand the child tax credit.
A seminar offers some insight into what the agency is looking for in firms' compliance with Reg BI and the marketing rule.
'This past fiscal year, we sought to recalibrate penalties to more effectively promote deterrence,' said SEC enforcement director Gurbir Grewal.
While some claim more regulatory clarity could have helped prevent an event like the FTX collapse, others argue new rules take time and might not be what investors are hoping for.
The securities watchdog’s order asserted that the rating of a mortgage-backed security deal in 2017 was at issue.
Changing regulations are combining with technology to potentially push $10 trillion into alt strategies by 2030.
The organization is continuing to update its enforcement procedures to align with the revised code of conduct that went into force in 2020.
Crypto bulls see the sell-off as a buying opportunity and distinguish the offshore platform from regulated funds and U.S.-based platforms.
But a former SEC official told the audience at the ComplyConnect conference in Austin not to expect the agency to be lenient in initial exams.
Martin A. Ruiz took $8 million of client money and spent the vast majority of the funds on personal expenses.
A push to restore and expand a tax break for investment advice and other issues affecting advisers is likely to be stalled by gridlock.
Richard Best tells an audience of compliance professionals that online attacks pose a threat to firms of all sizes.
The agency is floating tighter rules that would require certain funds to have at least 80% of assets correspond to investment strategies listed in their names.
The justices are considering whether those facing agency claims can go straight to federal court with constitutional challenges — including attacks on the use of in-house judges to handle cases.
ForUsAll says its Alt401(k) platform enables employees to invest in crypto through a brokerage window. Meanwhile, the firm has filed a lawsuit challenging the DOL's crypto warning.
Greed alone doesn’t explain the appalling acts some advisers commit against their clients.
When someone needs guidance for the future, nothing beats a live financial adviser, and advisers should be grateful the public recognizes that.
The Consumer Financial Protection Bureau is pressuring the bank to pay the fine to settle a series of investigations into the bank's mistreatment of customers.
It's D-Day for the regulation that gives advisers latitude to use client testimonials to promote their practices.
The action follows a Securities and Exchange Commission settlement with Gregory Womack and his Edmond-based firm.
