FINRA Orders Wells Fargo to Pay $3.4M Over Volatility-Linked ETPs
Reps recommended the exchange-traded products without fully understanding their risks, FINRA said.
Trump Names New EBSA Chief to Replace Borzi
If confirmed, Preston Rutledge will be instrumental in shepherding through any change that Labor makes to its fiduciary rule.
Bill to Kill DOL Fiduciary Rule Passes House Panel
Opponents of the DOL fiduciary rule were quick to express support of Rep. Wagner’s bill.
IRS Warns of New Email Scam Targeting E-Services Users
Scammers are using phishing emails to try and trick tax professionals into “signing” a new e-Services user agreement.
Tax Reform ‘On Pace’ to Get Done by Year End, Congressman Says
“Even the Senate believes” tax reform will be accomplished by the end of the year, says Rep. Patrick McHenry.
FINRA Warns Investors About Fake Financial Designations
The alphabet soup of designations can be used to perpetrate fraud, FINRA warns.
Former F-Squared Investments CEO Convicted of Fraud
As SEC “proved at trial,” Howard Present perpetuated F-Squared’s false and misleading claims through statements and ads, SEC’s Steven Peikin says.
Trump Signs ETF Research Bill
Fair Access to Investment Research Act “puts ETFs on equal footing with other securities,” says Morningstar's Ben Johnson.
Wagner's Bill to Repeal DOL Fiduciary Rule Set for Markup Next Week
The House Financial Services Committee is also set to mark up the Senior Safe Act of 2017.
Treasury Regulatory Report Zeros In on Accredited Investor Definition, SROs
Treasury also recommends allowing single-purpose crowdfunding vehicles advised by an RIA.