Senate Panel to Grill SEC Chair Clayton
Testimony before a House panel in early October is also forthcoming; the hearings come as the agency takes comments on a fiduciary rule.
Obama Goes From White House to Wall Street in Less Than One Year
Ex-president speaks to Carlyle, Cantor and Northern Trust; “If someone is willing to pay him to give a speech, God bless.”
FINRA Releases Arbitrator Diversity Data for the First Time
The move follows complaints that arb panels were skewed toward white men and a push by the regulator to add African-Americans and women.
Equifax Stock Sales Said to Be Focus of US Criminal Probe
The executives were unaware of the breach when they sold almost $1.8 million in stock, the company said.
Fiduciary Rule Delay to Cost Investors $11 Billion: Economic Policy Institute
EPI is just one of many consumer groups opposing the rule's 18-month delay until July 2019.
DOL Fiduciary Rule Delay All but Certain as Comment Period Closes
All bets are on Labor forging ahead with the delay, but critics say the delay is merely an excuse to gut the fiduciary rule.
NextGen Crowdfunding Launches First-of-Its-Kind Deals Dashboard
The online resource includes active Title III offerings from more than 20 existing crowdfunding platforms.
Botox Doctor Charged in Insider Trading Case: Enforcement
Meanwhile, petrochemical giant Braskem agrees to pay investors $10 million for its role in the Petrobras scandal.
Sen. Warren Launches Probe Into Equifax Hack
Elizabeth Warren wants answers from regulators as well as the other credit bureaus, TransUnion and Experian.
SEC Continues Crackdown on Mutual Fund Share Classes
SEC is acting against two firms over their use of more expensive Class A shares and 12b-1 fees.