Annuity Rules Should Apply to Investment-Type Life Products: Consumer Reps
Insurers are asking insurance regulators to adopt a Uniform Standard of Care proposal.
Shkreli Decries ‘Witch Hunt’ After Convicted of Securities Fraud
Prosecutors said Shkreli cheated investors in funds, Retrophin; to some, he’s ‘Pharma Bro’; to others, ‘the most hated man.’
What's Next for Crypto Coins as SEC Tames Wild West of Finance
Prices of most tokens steady as U.S. asserts jurisdiction; companies have been bypassing traditional public offerings.
'Bad Actor' Bill Would Limit SEC Waivers for Law-Breaking Firms
Rep. Maxine Waters' bill limits the regulator's ability to grant waivers to financial institutions that have broken the law.
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.