B. Riley Financial had purchased a large stake in National Securities Corp.'s parent in 2018 and bought the remaining shares last year.
Rep. James Comer is calling on Edward Prewitt, who advised Hunter Biden, to provide information related to deals that triggered suspicious activity reports.
The tax deal in the Senate would eliminate the tax break used by private equity and hedge fund managers.
At a hearing Thursday on scams and risks in the crypto and securities markets, senators on both sides of the aisle pitched legislation to protect investors from harm.
Each of the firms failed to comply with the agency's rule on identify theft red flags.
The legal expenses linked to UBS' Yield Enhancement Strategy, which featured options, appear to be adding up.
The firm is facing a probe into whether it improperly let Americans trade digital assets that should have been registered as securities.
The products are a growing corner of the almost $6.4 trillion industry, defying words of caution issued by the Securities and Exchange Commission and others.
The changes include raising the net-income and net-worth thresholds for purchases and imposing a portfolio concentration limit.
The legislation is a necessary step to ensure that more and more Americans can live comfortably once they stop working.
The SEC's rulemaking roster includes 27 in the proposal stage and 26 in the final stage — giving everyone plenty of favorites and targets.
The substantial fines hitting big banks for failing to meet messaging-retention requirements shows the need for direction from the top to ensure the use of monitoring systems.
It's the latest action in the SEC's long-running campaign to crack down on disclosure and best-execution failures involving 12b-1 fees.
Ishan Wahi allegedly leaked information to his brother and a friend about when tokens were about to be listed on the exchange.
The firm was ordered to pay more than $450,000 in total this week in separate complaints about the complex product.
Legal recognition of the title is 'a critical step in recognizing financial planning as a distinct, essential profession,' the organization said.
A couple of major court rulings may lead to more litigation related to defined-contribution retirement plans.
GOP lawmaker grills SEC Enforcement Director Gurbir Grewal on how the agency can crack down on ESG when there's no regulatory definition of ESG.
Jeremy Carlson allegedly acted as an unregistered broker-dealer and salesperson, and engaged in fraudulent practices, according to the state's securities commissioner.
The first Reg BI enforcement action, filed last month, won't be the last, division director Gurbir Grewal told lawmakers.
