Vanguard Proposes Fund-Advisor Changes
The proposals were sent to the SEC on the same day the firm announced that CIO Tim Buckley would become CEO in January.
SEC Candidate Favors New Life Regulatory Strategy
Hester Peirce has suggested that a single-state approach might beat the current multi-state strategy.
Omega Advisors Founder Calls SEC ‘Abusive’ After Settlement
Hedge fund manager Cooperman says trial costs would have been much higher than fine; his fund’s gains about match the stock market.
Senate Confirms Jay Clayton as SEC Chairman
Groups press Clayton to prioritize uniform fiduciary rule for brokers and advisors.
FINRA to Protect Senior Investors With 2 New Rules
FINRA says temporary holds and extra contact information are critical to preventing financial abuse.
SEC Bars Broker for Aiding Brothers' Securities Fraud
The three “repeatedly duped at least four unsophisticated foreign investors into sending funds to various U.S. bank and brokerage accounts," the SEC states.
‘Myth Busting’ Ex-Broker to Pay Dating Guru $1M
A FINRA panel has ruled that radio host Dawn Bennett is required to compensate the former client for losses and expenses.
Trump issues order to reorganize, streamline federal agencies
President Donald Trump has issued an executive order to reorganize and streamline the executive branch of government.
Voya to Pay $3.1M for Not Disclosing Payments Tied to Fund Sales
The advisor group will pay penalties for failing to tell clients about revenue collected from a third-party BD, the SEC said.
Hearing for Trump's SEC Nominee Set
Securities and Exchange Commission Overpayment Credit Act also among five bills to be marked up Thursday by Senate Banking Committee.