‘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.
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.
SEC Fines Morgan Stanley $13M for Overcharging Clients
About 149,000 clients paid excess fees between 2012 and 2016, the regulator says.
House Passes Bill to Rein In SEC Rules, ‘Drain the Swamp’
Bill, sponsored by Rep. Ann Wagner, also requires the agency to review existing regulations every five years.
Barred Broker Pleads Guilty to SEC Obstruction, May Avoid Jail
The former advisor will also pay more than $580,000 in penalties for hiding referral fees from an elderly widow.