Citigroup to Pay $15M FINRA Fine Over Research Leaks
Analysts' violations included illicitly helping issuers prep for road shows and hosting "idea dinners" discussing stock picks with certain clients.
Top 10 Rollover Mistakes
The Internal Revenue Service gave advisors some much needed guidance regarding the ever-challenging issue of rollovers as 2014 drew to a close.
The SEC Is Broken
The Securities and Exchange Commission has three primary mandates: to protect investors; to maintain fair, orderly and efficient markets; and to facilitate capital formation.
Millionaires Do Not Need Protection: SEC’s Gallagher
SEC chairwoman insists accredited investor definition will be reviewed; Commissioner Gallagher says “millionaires can fend for themselves.”
SEC Fines Wedbush $2.4M in Market Access Case; FINRA Complaint on Deck
Los Angeles-based Wedbush Securities and two top officials agreed to settle a pending SEC case for market access violations.
IRS Pushed to Crack Down on ‘Mega IRAs’
GAO report offers recommendations to IRS on reining in large retirement accounts with hard-to-value assets.
Senator Says Spending Bill Ready Soon, Vows to Fight Social Security Cutters
Senate Appropriations head Barbara Mikulski sees the incoming GOP-controlled Congress as likely to reduce the number of Social Security field offices.
Fiduciary Rule Among SEC’s 2015 Priorities
The SEC plans to evaluate staffers' recommendation to consider a uniform fiduciary standard, among other Dodd-Frank related matters.
FINRA, MSRB Plan to Require More Fixed-Income Pricing Disclosure
The new rules would help retail investors evaluate transaction costs, the MSRB said.
FINRA Proposes Pay-to-Play Rules
FINRA is requesting comments on its plan to establish pay-to-play type rules for BDs that closely mirror SEC ones.