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.
Adam Belardino, CEO of the Maddox Group, was charged with embezzling more than $313,000 from one client and fraudulently obtaining commissions on life insurance for another client.
State regulators and PIABA have questioned whether a residential supervisory location would provide appropriate investor protection.
The Securities and Exchange Commission chairman told securities lawyers that the agency would pursue violations wherever and however they occur.
Five are censured, three suspended, three revoked and two barred by the Certified Financial Planner Board of Standards Inc.
The regulator wants to provide relief from in-person supervision until the SEC rules on a pilot program for online oversight.
The firm is in talks with the Consumer Financial Protection Bureau regarding cases involving automobile lending, consumer-deposit accounts and mortgage lending.
The SEC charged Syed Arham Arbab and five friends with trading with fake account deposits, in a 'free-riding' scheme that caused two brokerages to lose $146,600.
