While the firm filed a motion to vacate the award in Superior Court in DeKalb County, Georgia, it's extremely rare for courts to overturn Finra arbitration decisions.
That's why Chairman Gary Gensler will be able to proceed with his agenda, experts says. But he'll get plenty of GOP pushback for being too aggressive.
It's critical that the DOL and members of Congress hear from advisers what their independent classification means, not just to them but to their clients as well.
A fiduciary mindset when vetting third-party providers should keep them out of trouble, some say. But there are concerns about the regulatory costs entailed for small firms.
Dante De Gori served previously as the chief executive officer of the Financial Planning Association of Australia.
Cultural competency is within reach even as the profession persists with its long-term initiatives.
Advisers would have to step up due diligence and monitoring of third-party providers, potentially including those who provide portfolio management and indexing.
The president and owner of an Illinois-based health care company failed to make necessary contributions to the retirement plan.
How well the system works will depend on the quality of the taxonomy, a compliance expert said.
In an appearance at SIFMA's annual conference, the SEC leader declined to provide a timeline for final regulations on his broad agenda.
Federated Hermes has indicated that it will end membership of the State Financial Officers Foundation.
State regulators filed cease-and-desist orders against an organization based in the country of Georgia that was selling non-fungible tokens known as Slotie NFTs.
There’s a lot more than control of the House and Senate on the ballot in November, especially for Gary Gensler and the SEC.
Raymond James Financial Services overlooked 'multiple red flags' related to the activities of two brokers, according to Finra.
There's some chance that members of both parties will want to open private markets to more ordinary investors.
The Federal Trade Commission says older Americans lost $147 million in 2021, up 213% from 2020, with crypto rip-offs being a leading culprit.
Garrett Elder and his Tycoon Trading firm also ordered to pay $7.4 million in restitution for issuing and selling unregistered securities.
In the 2022 tax form draft instructions, the agency explicitly says that digital assets include NFTs and virtual currencies.
Atlanta-based Kalos Capital has been crushed by more than $9 million in legal fees and costs related to sales of GPB private placements.
Republicans on the House Financial Services Committee give a preview of the pressure they're likely to apply to SEC Chairman Gary Gensler if the party takes over the House in the midterm elections.
