An SEC official, whose job is to represent retail investors, has warned the agency not to water down current investment-advice standards as it considers a rule to raise the bar for brokers.
Trade group releases report saying brokers 'thoroughly' regulated already with structure in place for 100 years.
Trade group releases report saying brokers 'thoroughly' regulated already with structure in place for 100 years.
It's about time Mary Jo White took the helm and steered the agenda of this supposedly nonpartisan body beyond its present partisan split on fiduciary.
Massachusetts' top securities cop has filed a lawsuit to stop a recently adopted rule he claims curtails state oversight of stock offerings by small and emerging companies.
Loss of linchpin backer adds to F-Squared's struggle following admissions it misled investors on performance.
Howard B. Present “acted in good faith” when he led F-Squared Investments, the firm that said it misled clients about its investing track record during his tenure, lawyers for the former executive said in court filings.
Regardless of how the high court rules, ongoing investment monitoring will be here to stay.
New Hampshire Bureau of Securities Regulation says B-Ds do not 'fully understand' how to comply with telemarketing rules.
David Cacchione almost got a second chance at a career in the securities industry through a registered investment adviser.
Girard Secuirities is being audited by the SEC, which is focusing on the firm's supervision of branch offices. CEO suggests move is part of larger investigation.
Subcommittee set to vote on funding as adviser group hits Capitol Hill to lobby for more
Chairwoman says agency is considering augmenting adviser exams with third-party audits.
The agency's Investor Advisory Committee recommends making it easier for investors to track securities violations by advisers and brokers, regardless of who regulates them.
Republicans stand alone as a barrage of letters flood Capitol Hill aimed at stalling the pending rule – at least, for now.
Lynnda Speer, widow of a Home Shopping Network co-founder, alleges excessive trading and negligent supervision by Morgan Stanley in an arbitration claim.
Rep. Ann Wagner says proponents are 'offering a solution in search of a problem.'
President quoted Sheryl Garrett, founder of an hourly fee network, in supporting fiduciary standards.
Former Wells Fargo Advisors broker charged with stealing nearly $89,000 and using it for personal expenses.
