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.
Reagan's Lesson for Trump: Listen to the Lawyers
Reagan learned that while it’s tempting to say yes to your boss, the most helpful answer is often the one he doesn’t want to hear.
5 Brokers Who Crossed FINRA in Q4
Advisors did everything from obtaining credit cards using fake names to lying under oath, regulator says.
SEC ups disclosure requirements for advisor social media accounts
Beginning Oct. 1, 2017, the Securities and Exchange Commission will raise the social-media regulatory stakes for investment advisors.
Morgan Stanley to Pay SEC $7.5M Over Trading Scheme
Morgan Stanley used trades involving institutional clients’ cash to lower its borrowing costs, the SEC said.
U.S. Limits on Wall Street Bonuses Appear Doomed Ahead of Trump
Obscure regulator of credit unions said to be hurdle for rules; new restrictions clash with Trump pledge to rip up Dodd-Frank.
FINRA Reviews Cross-Selling by 207 Ex-Advisors at Wells Fargo
As senators press for action, the regulatory group says it is checking documents tied to firing or discharge of bank employees.
Wells Fargo Facing SEC Probe That Could Focus on Disclosures
Company reveals agency’s investigation in quarterly filing; regulators seek information tied to account scandal, bank says.