Regulation, Legal & Compliance

Displaying 10948 results
REGULATION, LEGAL & COMPLIANCE SEP 07, 2017
Congress likely to 'push down' the priority of killing DOL fiduciary rule

A fiduciary rule repeal isn't as important as other legislative issues, such as the debt ceiling and tax reform, according to Rep. Phil Roe.

By Greg Iacurci
REGULATION, LEGAL & COMPLIANCE SEP 07, 2017
SEC says RIA stole $1 million from clients, using some of it to support gambling habit

Scott Newsholme allegedly stole $1 million, using funds for personal expenses, a gambling habit and to pay back early investors.

By InvestmentNews
REGULATION, LEGAL & COMPLIANCE SEP 07, 2017
House holding oversight hearing on Finra today

Financial Services subcommittee will explore self-regulator's agenda, structure and in-house operational review.

By Mark Schoeff Jr.
REGULATION, LEGAL & COMPLIANCE SEP 06, 2017
Radio host arrested for ripping off investors of millions in alleged fake-ticket scam

Regulators say Ponzi scheme claimed access to shows including Adele, Justin Bieber and 'Hamilton.'

By Bloomberg
ETFS SEP 06, 2017
Dalia Blass could tackle fiduciary standard as first order of business at SEC

She is also expected to set the agenda for ETFs, an area in which she has expertise from her previous time at the SEC.

By Mark Schoeff Jr.
REGULATION, LEGAL & COMPLIANCE SEP 06, 2017
Battle lines form as SEC considers new fiduciary rule

By Mark Schoeff Jr.
REGULATION, LEGAL & COMPLIANCE SEP 05, 2017
Sen. Elizabeth Warren urges DOL to implement fiduciary rule without delay

She cites financial company leaders who have said they are prepared to comply with rule as is.

By InvestmentNews
REGULATION, LEGAL & COMPLIANCE SEP 02, 2017
Action must be taken to make Finra more accountable

The SEC or Congress should consider forming an independent commission to consider Finra's future.

By crain-api
INDEPENDENT BROKER DEALERS SEP 02, 2017
Finra: Who's watching the watchdog?

The regulator wields enormous power over the securities industry 
with little meaningful oversight.

By Mark Schoeff Jr. and Bruce Kelly
PRACTICE MANAGEMENT SEP 01, 2017
Finra fines ex-Morgan Stanley rep for secretly settling with client

The Miami-based broker is also suspended for 15 days

By Bloomberg
PRACTICE MANAGEMENT SEP 01, 2017
Fund industry swats down fee suits, but they keep appealing

Many of the cases concentrate on subadvisor fees.

By John Waggoner
RETIREMENT PLANNING SEP 01, 2017
The challenge of the longer lifespan

How financial advisers can help clients face the threat of outliving retirement savings

By Blaine F. Aikin
REGULATION, LEGAL & COMPLIANCE SEP 01, 2017
Former MetLife rep fined $15,000 for borrowing from clients

Finra also suspends the broker, a firm lifer, for 18 months

By InvestmentNews
INDEPENDENT BROKER DEALERS SEP 01, 2017
Finra panel awards Edward Jones $340,000 in estate dispute

Arbitration puts blame on client's power of attorney, not firm

By InvestmentNews
MUTUAL FUNDS AUG 31, 2017
SEC names Dalia Blass director of investment management

Ms. Blass returns to the agency, where she previously worked for more than a decade, to run a division with influence over fiduciary duty.

By Mark Schoeff Jr.
RETIREMENT PLANNING AUG 31, 2017
Trump administration targets class-action right in DOL fiduciary rule, but other legal avenues could remain for investors

If the best-interest contract remains in some form, action could switch to state courts; Finra still allows class actions.

By Mark Schoeff Jr.
RETIREMENT PLANNING AUG 31, 2017
Rollins Inc. 401(k) participant sues Morningstar, Prudential over alleged RICO violations

Plaintiff says automated investment advice program is a 'predatory racketeering enterprise'

By Pensions & Investments
REGULATION, LEGAL & COMPLIANCE AUG 30, 2017
DOL fiduciary rule: Agency says it will come up with new ways to comply during delay period

Labor Department says it also needs more time to look at any 'undue burden' the rule may cause.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT AUG 30, 2017
Wealth management executive urges Trump to pardon Michael Milken

Mr. Milken pleaded guilty to securities fraud in 1990 and spent 22 months in prison.

By Bloomberg
REGULATION, LEGAL & COMPLIANCE AUG 30, 2017
Finra panel says barred broker must pay $540,000 in damages

Anthony Mastroianni Jr. allegedly engaged in "in and out" trading of speculative stocks.

By InvestmentNews