SEC Gives Compliance Officer $1M Whistleblower Award
The whistleblower is set to receive between $1.4 million and $1.6 million for reporting "imminent misconduct."
Rivlin: Fed’s Real Challenge Is Preventing Another Financial Collapse
Biggest worry isn’t when Fed will raise rates, but how it should help identify threats to financial stability, said former Fed vice chairwoman Alice Rivlin.
Is the DOL’s New Proposal Really a New Broker Standard?
As I make my way through the DOL’s proposed rule changes for brokers, the sentence that keeps running through my mind is: “We’ve been had.”
SEC Fines BlackRock Over Energy Fund Manager Who Owned Oil Company
BlackRock Advisors will pay $12 million for not disclosing that a top manager's portfolio was heavily invested in a venture he had a stake in.
Volcker Urges Merging Regulators
Former Fed Chairman Paul Volcker is pushing for a change that would put at least one top regulator out of business.
Schorsch Accused of $900M Fee-Driven Scheme
Behind the accounting errors that knocked $4 billion off ARCP’s market value was a hidden scheme, investors said in a lawsuit.
FINRA Launches Helpline for Seniors
"Older investors are only a phone call away from getting help with questions or concerns they may have regarding their investments," says FINRA's Axelrod.
SEC OKs ‘Breakthrough’ 3-Tier Fund-of-Funds Structure
The SEC will allow Franklin Templeton to use a three-tier fund-of-funds structure, a move that one compliance firm says is a “breakthrough.”
SEC, FINRA Enforcement: Boiler Room Scheme Targeting Older Investors Busted
The SEC also barred an accounting officer who cost his company hundreds of millions of dollars in unauthorized trading and loans.
FINRA OKs Changes to Communications Rules, Seeks Public Comment
FINRA will also file with the SEC to charge a $115 fee for the MSRB's new muni advisor qualification exam.