Broker-dealer self-regulator finds pattern of gross supervisory failure involving municipal securities over a five-year period.
Should advisors receive a cash prize for catching potential money launderers?
The SEC chair warned companies against 'AI washing' when they talk to investors about their use of the technology.
The DOL unit closed nearly 200 criminal investigations and recovered more than $840 million through formal enforcement actions.
The disgraced advisor fleeced more than 400 investors in a fraudulent 'private equity' fund over a 13-year period.
While the CFP Board supports the proposal, the FPA has expressed concerns about the DOL rule potentially raising compliance costs for members, increasing the cost of advice and reducing access to advice for some.
'I’d love to see the [full] SALT deduction come back but not if it means rates go up,' one advisor says.
Funds will be required to share more information with regulators.
EBSA found that the third-party administrator embezzled at least $5.5 million in retirement plan assets.
The industry faces scrutiny over high use of energy to mine cryptocurrency.
Deborah Adeimy claimed firm blocked her from running in GOP primary, aide says 'we're unclear how award figure was calculated.'
Since the auto IRA was proposed 18 years ago, the only successful efforts have been in the states.
It’s more likely the GOP will make a point about their frustrations with the SEC than actually get the bill through the Democratic-controlled Senate.
Dozens of firms may face increased scrutiny and compliance costs in regulatory overhaul.
State regulator imposes penalties in relation to overcharging exposed by multistate investigation.
'Investors are forced into an arbitration process that’s unfair – a process that too often leaves retirees ripped off by unscrupulous RIAs and then priced out of justice by forced arbitration clauses inserted by folks who are fake fiduciaries,' PIABA president says.
Lackluster Republican support in the Senate threatens to sink the measure.
OCC says City National Bank 'engaged in unsafe or unsound practices.'
Several states have such programs, and extending the accounts to the federal level could decrease the wealth gap, legislators say
This idea may result in investors paying higher fees without requisite returns, argues state regulator.
