A change in the White House in 2020 could result in a reversal of new SEC advice reform rules, just as the last presidential transition left the DOL fiduciary rule dead.
Broker-dealer regulator saw 2.3% decline in investment portfolio.
Measure prevents funding for Reg BI, but could die in Senate.
The tribe claimed it was unaware of the $11 million in commissions paid to a former Purshe Kaplan Sterling broker.
Firm found liable for top producer allegedly improperly delaying payments to North Dakota woman.
LPL's latest penalty from Massachusetts derives from not properly registering brokers.
Agency says Donald LaGuardia Jr. misappropriated $2.6 million from investors.
House likely to approve measure that effectively kills rule package, but it faces uphill battle in Senate
LedgerX won approval to offer bitcoin spot and physically settled derivatives contracts to clients of any size.
The settlement is notable due to the relatively small size of the company's plan.
Fred Brown also failed to change his employment record to disclose two tax liens and three civil judgments.
Plan also provides states $48 billion annually to eliminate undergraduate tuition and fees at public colleges and universities
Democrats want the Government Accountability Office to examine how brokerage and other financial firms' businesses have changed since the new requirements were vacated last year.
Officials in high-tax states say Democratic-led states have been targeted to pay for the cuts.
What are brokers and advisers to make of all this? We may be a long way from knowing, but there's a lot to watch while we wait.
Agency says Edward Moody Jr. has already pleaded guilty to one count of mail fraud.
Case hits Spire Securities and its CEO and COO for activities of barred adviser who ran Ponzi scheme.
After turning attention toward next-gen platforms and client experience, broker-dealers may have to rethink technology to comply with a best interest standard.
The broker-dealer was censured and fined $40,000 for the infractions.
Despite an agency directive to eliminate the word 'fiduciary' in Form CRS, SEC officials say it's OK to use it.
