Ohio Sen. Sherrod Brown says 'Rothification' would make saving for retirement more expensive.
Using institutional shares would have saved investors $1.1 million, agency says.
The regulator's Office of Compliance Inspections and Examinations issued a risk alert Thursday about potential violations of advertising rules.
Finra arbitration panel awards estate of former RBC client $212,000 for alleged elder abuse and unsuitable trades.
The organization may eventually broaden a rule that already covers disbursements from brokerage accounts.
The president and Treasury secretary have expressed support for keeping tax breaks in place on municipal bonds.
GOP's regulation-killing rider has failed in previous years, but investor advocates remain wary.
Michael J. O'Connor refused to testify in a Finra disciplinary hearing about his termination.
Republican Hester Peirce and Democrat Robert Jackson seek to fill two vacancies on the commission.
The plaintiff claims Voya potentially earns more than $1 billion per year in "excessive compensation" from its nearly 50,000 record-keeping clients.
Firm fined $750,000 for alleged misrepresentations to issuers in bond redemptions.
The case is the latest setback for Mr. Holt, a former attorney who has been disbarred, thrown out of the securities industry and is currently serving a 10-year prison term.
The brokerage suitability model is rife with conflicts of interest, but the RIA model is not pure.
Parts of the rule not subject to a contract requirement don't offer investors an avenue to recover losses if they receive bad advice.
Rep. Brad Sherman said he'd introduce legislation if he had to in order to get Finra to comply.
The monetary agreement follows a court ruling last month.
We must ensure that regulators and the public hear detailed, quantitative information.
Is Ms. Bennett's alleged scheme a harbinger of other such frauds?
A technology audit can help ensure your firm is taking the necessary steps to meet new and changing compliance requirements.
Robert Cook points to the regulator's in-house operational review, Finra 360, and says it will likely yield 'transformational change.'
