Ramsey Solutions’ unsolicited text messages allegedly caused the plaintiff “actual harm."
The former commissioner and veteran regulator has emerged as a leading candidate to chair the agency under Trump, sources say.
Federal complaint filed in Texas court by a consortium of 11 states argues the fund giants used their market power to pressure energy companies and ultimately hurt consumers.
Amid its aggressive global push, lax procedures at the firm led to one-fourth of international accounts being flagged as high-risk for money laundering, according to a 2023 document.
Ages Financial Services had about 60 financial advisors registered under its roof.
For several years, Leech allegedly favored some clients in trade allocations, at the cost of others, amounting to $600 million, according to the Department of Justice.
The top lawyer who helped the retail trading giant navigate the meme-stock frenzy's fallout has removed himself from President-elect Trump's list of prospective nominees.
“After learning about a bad actor who is barred, the securities industry should have a responsibility to put clients on notice,” one lawyer said.
Much as observers predicted strong returns for domestic small-cap value and the energy sector ahead of Trump's first term, the same enthusiastic assumptions this time around may be too simplistic, panelists at the Charles Schwab Impact conference said.
The ruling marks the latest setback for the Securities and Exchange Commission's efforts to tighten its regulation of the alternative investment space.
Federal securities agency confirms official timing of his resignation, recounts record of reforms and enforcement actions.
Industry groups ACLI and NAIFA hail milestone as backing for the model rule spreads to 48 states.
The broker sold the speculative, illiquid GWG L bonds to four customers, despite the bonds not being suitable for them, Finra stated.
The lobbying group's regulatory wish list to the president-elect's transition team includes reforms around ETF innovation, private-market products, and slashing regulatory costs.
Federal Reserve Chair was "neutral" in comments after November rate cut – and the election – but was clear that he won’t be pressured to leave his job by Trump.
A former Merrill Lynch broker, John Christopher Polit, helped launder bribe money for his father, according to reports.
The president-elect's pledge to dismiss SEC Chair Gary Gensler on "day one" will likely not be enough to undo all his regulatory initiatives immediately.
The regulatory coalition is proposing revisions to its model rule governing broker-dealers, which would include aligning it with Reg BI principles.
Survey research points to concerning gaps in governance and cybersecurity, with nine-tenths of respondents lacking policies around AI use by third parties.
If given the power to change a single industry issue, addressing the expiring Tax Cuts and Jobs Act of 2017 is what wealth managers said they would do, along with fixing regulatory burdens. Meanwhile, tariffs are a worry for some.
