House Dems Call for SEC Crackdown on Corporate Anti-Whistleblower Practices
Lawmakers say “overly restrictive nondisclosure agreements,” for example, threaten the SEC's whistleblower program.
Merrill to Pay FINRA $6 Million Over Reg SHO Violations
FINRA said Monday that it had fined Merrill's clearing and BD arms for not ensuring that fail-to-deliver positions in short sales were properly closed out.
What to Do When the Examiners Visit Your Practice
Advisors love to learn from other advisors, which is why about 75 of them showed up early for a compliance session during Commonwealth Financial Network's national conference.
Hedge Funds Group Wants Accredited Investor Definition Changed
The Hedge Funds Association was quick to weigh in on the news that the SEC's Investor Advisory Committee was planning to recommend that the commission revise its accredited investor definition.
Compensation Disclosures ‘Taylor-Made’ for Conflicts
In a case strikingly similar to the one that spawned the widely covered lawsuit by Florida financial planners Jeff and Kim Camarda, the CFP Board notified a Los Angeles advisor that it had opened an investigation into his use of the term “fee-only” to describe his RIA.
The ERISA Mystery
I advise many clients throughout the U.S. regarding Employee Retirement Income Security Act (ERISA) engagements.
Why the SEC Is Leery of ‘Nontransparent’ ETFs
Maybe active ETFs aren't the next big thing in investing, after all.
SEC Responds to Market Volatility by Ramping Up Bond-Fund Exams
Surging market volatility is making regulators increasingly concerned that bond funds have loaded up on hard-to-sell assets.
Treasury, IRS OK Deferred Income Annuities in 401(k)s
Target date funds that invest in deferred annuities can be used as default investments in 401(k) plans, Treasury and the IRS said Friday.
Enforcement Roundup: Stock Scam by New Yorker Used to Pay for Vacation, Plastic Surgery
Meanwhile, Rajaratnam brother to pay more than $840,000 for insider trading.