Four years after being fired for sexual misconduct, Daniel Michalow wins his defamation case against the $60 billion hedge fund.
On the second anniversary of its going into force, the SEC chief is trying to get the most out of a rule he inherited.
The award contains two unusual features: $500,000 in punitive damages to the clients and a two-to-one split decision among the three-person panel.
Congress continues to ignore the fact that Social Security's trust fund is expected to run out of money in 2035, which would result in a 20% cut in benefits.
The regulator found that the listing proposal didn’t do enough to prevent fraud and manipulation.
The agency said UBS reps didn't understand the complex product or whether buying it was in a client's best interests.
The review by Lowenstein Sandler gives no credence to a Georgia judge's critique of Finra's process for selecting arbitration panelists.
Firms are supposed to begin tracking data such as customers’ capital gains and losses starting in January.
Style often trumps substance for personal finance commentators on social media platforms, though some are blending the best of digital and traditional advice
The provision was rejected as an amendment to the Senate Finance Committee's EARN Act, but it could reemerge in a final bill sent to the floor of the House and Senate.
The 'external system breach' put the Social Security numbers of 2,188 of the firm's clients at risk, according to the Maine Attorney General's office.
Part of the record penalty imposed last year on Robinhood will be used to help potential future customers protect themselves, according to Finra's annual report on fine monies.
A Finra arbitration panel rules in favor of Erin Daly, who filed a federal complaint against Citigroup alleging gender discrimination.
Their attorney, Jeffrey Erez, said they were misled by UBS brokers who didn't understand the risky product.
The new Maintaining Qualifications Program reconciles Finra licensing requirements with common career and family timelines.
The regulator sanctioned the broker-dealer for violations related to its marketing of securities it had underwritten and failings related to sales of GPB private placements.
SEC Chair Gary Gensler has raised concerns with how features closely associated with the mobile phone apps offered by brokers can impact trading.
The bill would raise the RMD age from 72 to 75, increase catch-up contributions and allow retirement plan matches for student loan payments. It will be combined with another recently advanced Senate measure.
Financial advisers say clients are asking about alternatives to the standard investments in stocks and bonds.
Sustainable investors say it should go further while opponents claim the SEC lacks authority to pass a rule.
