Excessive trading in clients' accounts at Joseph Stone Capital occurred from January 2015 to June 2020, according to Finra.
In a speech, the SEC chair repeated his demand that crypto exchanges, brokers and attorneys in the digital coin industry comply with securities rules.
CEO Patrick Mahoney hopes to work with the CFP Board and NAPFA in achieving legal protection for planning profession, even though it left the group over differences on the issue.
The investors cited a violation of Georgia's RICO law to boost their award against Oppenheimer.
The regulator says the New York-based firm failed to disclose conflicts of interest.
An attorney who formerly represented the TV talk show host claimed that Williams was 'left to die' by her adviser at Wells Fargo and her former business manager.
But a different case centering on the complex option strategy was dismissed last month by a separate panel of arbitrators.
On Wednesday, James Iannazzo agreed to pay $7,500, an amount his attorney called a 'token payment.'
By using a proactive approach, firms not only save time and minimize risk, but they also instill confidence into their team from the top down.
A bill introduced by Rep. Angie Craig, D-Minn., faces long odds this year, while the prospects for broader reform of the program depend on the outcome of November's election.
The executive, who had been senior adviser to Finra CEO Robert Cook, will spearhead regulatory integration.
Denizens of the metaverse can be ripped off by virtual investments, the North American Securities Administrators Association said in an advisory.
Gregory Lindberg and Christopher Herwig allegedly misappropriated $57 million in client funds, while their firm collected more than $21.4 million in advisory fees in connection with these schemes.
The agency charged the firm with failing to monitor whether wrap-fee accounts were in the best interests of clients who did little trading.
A Finra arbitration panel said the firm owes Shlomo Salant compensation for 2014, the year he reached a settlement with the Commodity Futures Trading Commission for allegedly faking market interest in futures.
Thirteen states have tax laws that would treat forgiven debt as income, meaning it's subject to state levies on earnings.
The bank won’t be part of the underwriting syndicate for transaction after state Comptroller Glenn Hegar included UBS on list of firms he deems “boycott” the fossil-fuel industry.
The document may be an indication that the agency will pursue more complex Reg BI violations.
The firm was fined $210,000 for falling short on its supervision of short-term mutual fund trades, the regulator said.
The Federal Reserve chair pushed back against the notion that the central bank would soon reverse course.
