Castellanos allegedly raised $25.2M from over 1,200 investors — without a single securities license.
Quad-A CEO Sheena Gray says modernizing commission rules could give independent Black-owned firms more flexibility to hire, scale and serve underserved investors.
The SEC rule would restore only third-month data in a fund’s fiscal quarter being made public, and extending the forms monthly deadline to 45 days after month-end.
Where a CAB recommends a securities transaction to an eligible employee who qualifies as a retail customer under Regulation Best Interest or a retail investor for Form CRS, the CAB must comply with Reg BI and Form CRS.
Leading advisors discuss how wealth managers should handle fast-evolving threats and technology.
Cutter Financial Group LLC was ordered to pay $150,000 in total civil penalties, and a five-year requirement the firm provide a copy of the ruling to all existing investment advisory clients and all new investment advisory clients
Along with a $1.18 million fine, the judgment permanently enjoins Bluesky Eagle from future violations of the Investment Advisers Act, and permanently enjoins its owners and executive officers from filing Form ADV as an Exempt Reporting Adviser'
Darryl Cohen allegedly used clients’ money to build a gym in the backyard of his home.
While it has sidestepped a public trial, an ex-analyst’s case renews scrutiny of how far junior bankers are pushed on live deals.
New report highlights evolving litigation landscape including AI disclosures, ESG accountability claims.
Secret “Q system” ledger, 10‑year clawback and tough bans put schemers on notice
As the OpenArc litigation drags on, Merrill Lynch is absorbing another recruiting blow with a $1 billion advisor team defecting to Janney Montgomery Scott.
False contract claims, inflated leasing numbers, and millions in fees investors never knew about.
The guaranteed returns stopped. The excuses didn't.
Governor outlines a push for greater transparency in bank supervision and capital rules, signaling potential impacts for lending conditions, financial markets and investor stability.
The new rule would give certain funds an additional 15 days to file monthly portfolio-related reports, and would reverse the 2024 shift to publication more frequent than quarterly.
Regulator’s affirmation follows an eyewatering level of wagers on the Super Bowl.
Fed official says inflation risks persist and cautions AI won’t justify lower interest rates.
The new interpretations address moving an offering between intermediary platforms; issuer eligibility where Exchange Act reporting has ended; how the 12 month crowdfunding offering cap is measured; and other definitions and filings.
Real advisor names, AI deepfake videos, and a 94% single-day crash — all allegedly connected.
