In a letter shared exclusively with InvestmentNews, trade group urges Chair Paul Atkins to modernize disclosure rules for digital delivery for investors.
Only 3% of SEC-registered RIAs qualify as small entities under the agency's current threshold, but about 75% would qualify under the proposed new definition.
Industry players are watching nervously to see what lawmakers may decide on digital assets.
They paid $25K to settle fraud charges. Now the SEC wants them banned from the industry entirely.
Sources tell InvestmentNews the SEC is sharpening its focus on how RIAs disclose payments connected to third-party ratings, warning that omissions can be misleading.
Move would sweep many more RIAs and funds into the “small entity” bucket, potentially reshaping how the federal securities regulator designs new rules.
The Nvidia chief’s support for a one-time levy puts him at odds with fellow tech moguls, some of whom are reportedly exiting the state.
The alleged scheme involved fake press releases and doctors impersonated via spoofed emails.
Lawsuit alleges some accounts hit up to 100% concentration in a volatile microcap.
Firm 'satisfied' with resolution. Mary-Kate Gulick tells InvestmentNews: 'I needed this to be over.'
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.
