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.
SEC Crowdfunding Rules May Be ‘Too Restrictive’: Acting Chair
More than 160 U.S. deals have been initiated since Regulation CF kicked in last May, according to acting SEC Chairman Michael Piwowar.
Morgan Stanley to Pay $8M Over Inverse ETFs
SEC says the wirehouse failed to get signed disclosure statements from several hundred clients who bought the "typically unsuitable" products.
Former SEC chair Mary Jo White speaks
In an exclusive interview, White comments on the future of the SEC's fiduciary rule, her biggest achievement as SEC chair and what's ahead under the new administration.
Citi Agrees to Pay $18.M to SEC Over Excess Fees on Managed Accounts
This repayment and fine come two weeks after a similar settlement with New York officials.