Regulator also highlights private placements, digital communications and bank sweeps as priorities
At 2012 congressional hearing, he helped derail bill on Finra oversight of advisers
Brokerage firms and broker and adviser associations ask lawmakers for ‘clarifying legislation’
Thomas Renison, who was barred by the SEC in 2014, raised $6 million in scam
In a parallel criminal case, Jay Kelter was sentenced to 29 months
Bradley Mascho, formerly with Western International Securities, agrees he abetted fraud
In its annual examination priorities letter, the agency also shows it is once again targeting fee disclosure
Shlomo Strugano and John Chrysadakis allegedly falsified documents
Investor-protection advocates don’t expect state to water down measure
Former COO of M&R Capital Management was charged with bilking the firm of about $6 million
Group files amicus brief in support of lawsuits seeking to overturn regulation
Requiring investors to relinquish their legal rights is fundamentally wrong
Possible SEC involvement could bring more clarity to what qualifies as socially responsible
RIA BlackCrown violated procedure by filing antitrust lawsuit without attorney
A well-seasoned CCO can help transform an RIA by bringing an objective and mindful stance to the typically sales-oriented decision-making at a firm
NAIC leader touts increased protections; consumer advocates say measure falls short
Also censures firm, again, for not paying discounts to eligible customers
New York’s BlackCrown files antitrust suit saying deal would decimate small firms
Finra also fines firm $800,000 for failure to supervise UIT rollovers
Phillip Frost seeks monetary damages, a halt to the merger and the cancellation of the 2018 transaction
