The technology lets artificial intelligence do the monotonous tasks of compliance reviews, allowing marketers and compliance teams to focus on the more complex details.
A pending proposal would be designed to enhance cybersecurity preparedness and incident reporting.
Legislation would establish a program that provides $10 million annually to states to investigate, prosecute abuse.
The agency seems to be moving toward seeking admissions of guilt from firms based on first-of-their-kind enforcement actions that it has taken as well as comments that its leaders have made.
The Office of the Comptroller of the Currency terminated an order related to add-on products, in another sign of progress for CEO Charlie Scharf's efforts to turn the bank around.
The broker-dealer self-regulator also punished the firm for inaccurate and omitted conflict disclosures in research reports.
Firm is waiting for clarity on ETF rules, CFO Portney says.
Ivan Acevedo pleaded guilty last summer to conspiracy to commit mail and wire fraud for his role in the $1.3 billion Woodbridge real estate scheme and is currently in federal custody, according to the SEC.
The theme of the broker-dealer self-regulator's agenda this year is protecting the retail investors who have surged into the financial markets, Finra CEO Robert Cook said during a webinar.
'It’s really important to get the public feedback, but it’s also really important to move on,' the agency's chairman told a group of financial industry representatives.
Ex-broker Perry Santillo also must pay $103 million in restitution.
OCC gives conditional banking license for online lender SoFi.
Litigators this week brought class-action lawsuit claims against PPL Corp., Mass General Brigham and Milliman Inc. over their multibillion-dollar 401(k)s and 403(b)s.
While 2021 presented several challenges, there were also many positive legislative and regulatory developments over the course of the year.
It's unclear how political battles on other issues will affect the timeline for votes on administration nominees.
The victorious lawyer focused on alleged missteps related to liquidity and risk management, rather than conspiracy theory.
Matthew Clason was registered with Lincoln Financial Advisors until 2016, when he moved his registration to LPL Financial.
Finra says member firms are experiencing 'operational challenges' due to the pandemic that make in-person examinations difficult.
Most SEC rule proposals under Chairman Gary Gensler have had only 30-day comment periods, said GOP Rep. Patrick McHenry and Sen. Patrick Toomey.
The agreement is separate from a $6.6 million payment the company previously made and requires it to add a brokerage window to its plan.
