It’s not clear when the agency will announce its first major enforcement actions regarding recommendations brokers make to customers, the substantive heart of the regulation.
Ian Delahunty bought a leveraged exchange-traded note and owned it for 199 days rather than the day or two it was meant to be held.
Steven F. Muntin, 57, had his own independent RIA, Executive Asset Management Inc., which had $26 million in client assets, according to the SEC.
Brokerage and fund trade associations caution against limiting the market for retail customers. Consumer group and state regulators say more oversight is needed to protect investors.
Fidelity wants to make it easier to allocate 401(k) assets into Bitcoin, while the Department of Labor is warning plan fiduciaries to be extremely careful about using crypto.
SEC Chairman Gary Gensler warns that the products “can pose risks even to sophisticated investors, and can potentially create systemwide risks by operating in unanticipated ways."
But as the year goes on, the current market volatility is likely to cause the number of arbitration cases to spike.
CFTC Chairman Rostin Behnam says his agency would be a tough regulator for crypto market.
The collapse of Archegos Capital Management shows a need to rethink some of the agency’s rules, Rostin Behnam says.
The broker-dealer self-regulator projects a drop in corporate filings and market trading volume, which will reduce its fee income.
SEC Chairman Gary Gensler has been under pressure from Republican lawmakers and industry trade associations to allow more time for feedback on rulemaking.
A Finra arbitration panel ordered UBS to pay the clients $2.9 million in compensatory damages and $966,000 in attorneys' fees.
The firm, which was the second-biggest underwriter of special purpose acquisition companies last year, has been telling sponsors of the vehicles it will end its involvement, sources said.
Republican lawmakers express concern over expansive SEC agenda that they say exceeds the agency's authority and jurisdiction.
The interest-rate increase is the biggest since 2000 and is the most aggressive policy action in decades to combat soaring inflation.
JPMorgan CEO says a bigger risk to the global economy is the war in Ukraine as it signals the ‘Cold War is back.'
Measures that would build on the SECURE Act's efforts to improve retirement security could run into trouble if consumer advocates zero in on annuity reform.
The crackdown could hit everything from leveraged and inverse vehicles to cryptocurrency-linked funds and defined-outcome strategies.
People trust climate data more often if companies are required to report it, a recent survey found.
The additions will bring the agency's Crypto Assets and Cyber Unit to 50 people.
