He claimed to invest $3M—wire records allegedly showed less than a third.
One advisor thought he found a loophole to clean his record. A federal judge had other ideas.
The St. Louis-based Stifel has paid millions of dollars in damages to former clients of Roberts over the past year.
Report suggests that AI’s rise, regulatory shifts and tokenization will reshape trading, yield and institutional strategies.
The logs were deleted just six days after the lawsuit—cost to preserve was negligible.
Caroline Crenshaw’s exit removes the federal agency's strongest dissenting voice on crypto and broader deregulation.
Regulator pushes new compliance mandate that was due to take effect from now
Regulator says flawed disclosures and weak oversight led to excess fees and hidden interest at American Portfolios.
The brokerage industry regulator cited gaps in surveillance, customer due diligence, and red-flag escalation across the firm’s sprawling retail and cross-border business.
President Donald J. Trump last month commuted Gentile’s sentence, leaving many in the financial advice industry in disbelief.
New guidance highlights a risk‑based approach, pressing firms to formalize review processes, clarify business‑record obligations, and align AI deployment with fiduciary duties.
In one instance, the advisor recommended an 81-year-old client, with an annual income of less than $50,000 and a net worth of $100,000 buy $96,000 of GWG L bonds.
"These crypto platforms are where broker-dealers were in the 1980s in terms of supervision," said a plaintiff's attorney.
State-registered RIAs managing less than $100 million in Alabama can now use online reviews in their marketing, which SEC-registered advisors have been able to do since 2021.
White House says new directive curbs political agendas in shareholder voting advice, such as ESG and diversity
The legislation now headed to the Senate would help tamp down potential pump-and-dump schemes by foreign private issuers.
Guidance calls for oversight calibrated to use‑case risk, from note‑taking and admin tools to higher‑stakes decision engines.
Self-regulator outlines emerging AI use cases at member firms, rising techn‑driven scams, and persistent supervisory weaknesses in marketing and annuity recommendations.
SEC says the former broker and RIA rep ruined several clients – including military officers and a retired civil servant – as he falsely claimed a winning trading history in trading and promised high fixed returns.
The Treasury secretary maintains the current Federal Reserve leadership strayed from its founding principles due to districts "importing a bright, shiny object."
