While chances of passage are slim ahead of November’s midterm elections, it could act as a starting point for negotiations next year.
Fees, financial literacy and the freedom to work as an independent contractor are all under debate in state legislatures — and relevant to the growth of advisers' practices
Changes would impact the exchange businesses which display prices and aggregate trading data.
Three clients allege the brokerage didn’t give them the best prices for their orders.
A NASAA model rule gives states the ability to yank the license of a brokerage or advisory firm that dodges an arbitration award or other judgment.
Many trade groups representing financial advisers have donated to at least one lawmaker who objected to certifying the 2020 presidential election.
The SEC's 'Investomania' videos are an attempt to encourage investors to research before investing, but some are upset by the videos' references to meme stocks and crypto.
ForUsAll, a 401(k) provider that specializes in alternative investments, alleges that Labor exceeded its authority by trying to institute an effective ban.
John Sherman Jumper, a 17-year veteran of the securities industry, was based in Memphis, Tennessee.
The restitution settles Finra charges that the firm recommended Class C shares with ongoing fees when more affordable Class A shares were available.
Madison Avenue Securities didn't disclose or didn't adequately disclose conflicts associated with compensation the firm received from certain advisory client investments.
Lawyers are concerned about what they consider vague demands for more disclosure.
The firm and the former rep were ordered to pay Carlos Ramon Tapia Sanchez $160,000 each in damages; his attorney said the broker inappropriately recommended that Sanchez invest in junk bonds.
Marc Korsch, who was booted from the securities industry last year, has a staggering 33 disclosure items on his BrokerCheck report.
DWS has faced regulatory probes in the US and Germany after its former chief sustainability officer, Desiree Fixler, went public with greenwashing allegations last year.
The measure will provide part of the foundation for the Senate companion bill to SECURE 2.0, which the House approved in March.
The moving target of potential debt forgiveness, coupled with an extended payment moratorium, has advisers reading the political tea leaves for direction.
The firms named in the adviser's complaint go to 'corrupt and malicious lengths ... to keep their illicit profit mill churning,' according to the lawsuit.
The agency’s goal is to give investors more and better information so that they can determine whether companies and investment funds are living up to their ESG promises, the SEC chief said.
The agency proposed a set of rule changes related to fund names and ESG disclosures made by advisers and investment providers.
