Displaying 10208 results
Court upholding $6 million award against Credit Suisse could bolster clawbacks
Arbitration lawyer says decision sends signal to ‘Wall Street bullies’; Credit Suisse points to wins in other cases
Koch Industries sued over 401(k) plan fees
The class action alleges the company didn’t prudently monitor record-keeper expenses
SEC approves rules expected to limit activist investors
The agency's overhaul targets proxy advisory firms like Institutional Shareholder Services and Glass Lewis
House panel looks at COVID-19 impact on Social Security
Bills have been introduced in both the House and Senate that would adjust the formula to avoid a drop in benefits for those who turn 60 this year
NASAA study on aging advisers suggests firms consider requiring succession plans
Regulators say older advisory workforce may have issues related to cognitive impairment
SEC nominee Crenshaw vows to hold financial firms accountable for mitigating conflicts
SEC member Peirce, up for re-nomination, says crypto regulation is high on her agenda
GPB Capital reports nearly $200 million drop in AUM
The alternative asset manager parts ways with an auditor and its valuation company
UBS slapped with $10 million fine for SEC violations
The bank allegedly allocated bonds intended for retail customers to 'flippers' who resold them to broker-dealers for profit
SEC charges former Morgan Stanley rep with stealing $6 million from clients
Michael Barry Carter pleads guilty in a parallel criminal action in Maryland federal court
Former DOL officials say agency historically grants hearings on regulatory proposals
Sen. Patty Murray recently requested a session on DOL’s investment advice measure
Ex-Next Financial rep charged by Galvin with overselling REITs
The Secretary of the Commonwealth of Massachusetts takes another swipe at sales of high-priced products
Biogen faces class action over 401(k) fees
The company is among the latest targeted in a wave of ERISA litigation this year
Business continuity planning is top compliance concern for advisory firms
Issue eclipses cybersecurity for first time in six years in the Investment Adviser Association survey
Restoring tax break for advice fees faces challenge in pandemic relief negotiations
Trump demands a payroll tax cut; lawmakers may not open gates to smaller provisions
Senate Democrats ask DOL to back off ESG rule
The proposed restrictions on environmental, social and governance funds in 401(k)s would perpetuate racial discrimination, a group of lawmakers wrote
SEC charges RIA in $60 million Ponzi-like scheme
David Hu sold fake loans to pay off earlier investors, the SEC alleges
Petition against ‘regulation by enforcement’ is a stunning case of industry disdain for rule of law
The trade groups’ request to the SEC focuses attention on the particulars of a disclosure when a recommendation entails a conflict of interest
CFP Board offers remote option for September exams
Finra, NASAA began scheduling online tests earlier this week
With Democrats gaining steam, financial services ponder potential transaction taxes
Proponent say a levy on trades is harmless. Opponents call it a dangerous friction
Cases tied to Ray Lucia’s challenge of in-house SEC judges likely to settle for lighter punishments
Supreme Court ruled in 2018 that many enforcement actions should be reheard
