Rep. Bachus Backs Waters' User-Fees Bill
Rep. Spencer Bachus, R-Ala., agreed Thursday to co-sponsor a bill to allow the SEC to collect user fees to help boost advisor exams.
Rep. Waters Calls for Hearing on Advisor Exams
The top Democrat on the House Financial Services Committee wants a hearing on ways to boost advisor exams, including her user fees bill.
NAPFA Bans Stakes in Commission-Based Firms
The association will no longer allow members to hold a 2% ownership interest in a financial services firm that receives transaction-based compensation.
Variable Annuities a Top Source of Customer Complaints: FINRA
FINRA says it is "very focused" on VAs, particularly on more complex ones that have caps and buffers to manage market risk.
FINRA Unveils Trade Prices in $1.5 Trillion Private-Bond Market
Investors have access to public price information in the $1.5 trillion market for privately sold corporate bonds beginning today.
What FINRA’s Top Execs Earn: ‘Living Large’
Last year was a solid one for FINRA — and the top executives’ pay packages weren’t too shabby, either.
FINRA Expels Firm for Bilking NFL, NBA Players
The online broker-dealer Success Trade, which targeted pro athletes, and its CEO were also ordered to pay $13.7 million in restitution.
FINRA Withdraws Broker Bonus Plan
FINRA has scrapped its controversial recruitment compensation proposal but says it will file a revised plan later this year.
FINRA Levied $60M in Fines in 2013
In FINRA's annual report, CEO Richard Ketchum also says that FINRA is pressing forward with its controversial CARDS data collection plan.
BrokerCheck Links in Twitter Profiles? No Way, BDs Tell FINRA
In comments on FINRA's revised plan to require links to BrokerCheck, rules on social media and other third-party sites draw particular ire from broker-dealer groups.