Why Wall Street’s Top Cop Criticized by Warren Could Stay Awhile
White has said that both the Hillary Clinton and Donald Trump campaigns have asked if she would consider staying on.
UBS Settles With SEC Over Sales of ‘Complex Products’
SEC says the wirehouse must repay 8,700 investors over $8 million and pay a fine for not reasonably training its advisors.
BofA Fined by SEC for Lapses That Caused Mini-Flash Crashes
$12.5 million fine is largest ever for market abuse violations; weak trading controls led to stock drops of 99 percent.
On NAIFA’s plate: tax reform, SEC rule, state retirement plans
If Republicans take control of the White House and both houses of Congress in November, it will be “a lot easier” to advance tax reform, says NAIFA's Judi Carsrud.
Ex-CFO at Schorsch-Related REIT Arrested
The SEC and U.S. Attorney took action against Brian Block while pressing charges against Lisa McAlister, who has pleaded guilty.
Goldman Sachs Bans Partners From Giving to Certain Candidates
The restrictions affect donations to Trump-Pence GOP ticket; Wall Street firm says it is seeking to avoid reputational risk.
SEC Bars 2 Advisors Who Said They Managed Money ‘God’s Way’
The advisors promised investors "indestructible wealth" while misusing their money, the SEC said.
SEC Charges Hedge Fund Manager in Scheme Involving Terminally Ill
Donald Lathen allegedly paid 60 patients $10,000 each to use their names on accounts, redeeming their investments after they died.
Anthem-Cigna and Aetna-Humana breakup provisions, dissected
One deal includes a $1.85 billion termination fee; the other, a $1 billion termination fee.
SEC Proposes Making Brokers Reveal Where Client Orders Go
Regulator seeks comment on ramped-up broker disclosure rules; institutions would get more information on how orders filled.