SEC Approves FINRA Rule to Streamline Exams
The new rule also facilitates “opportunities for professionals seeking to enter or re-enter the securities industry,” said FINRA’s Axelrod.
FINRA Fines Edward Jones for Supervisory Failures
The broker-dealer issued some 52 million client reports without required supervision, the regulator says.
Markup of Anti-DOL Fiduciary Rule Bill Set for Wednesday
The Education and Workforce Committee will mark up the Affordable Retirement Advice for Savers Act.
Cyberattacks Are Underreported. Is Your Firm Ready?
The risk of cyberattack is underestimated because many breaches are handled privately. If you're not protected, the costs can be ruinous.
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.
Insider Trader Searched Internet for How to Hide Trades: Enforcement
In other enforcement news, the SEC obtained a judgment and industry bar against retired NBA star Tim Duncan's investment advisor.
Is the Fiduciary Standard Really a Political Issue?
I don’t see anything particularly “liberal” about the notion that all professionals should be required to provide advice in the best interest of their clients.
LPL Names 20 Fund Families on New Fiduciary-Friendly Platform
Some familiar names make the list of no-load mutual funds that will be offered, with several notable exceptions.
Fiduciary Debate Rages On as Wagner Pushes DOL Rule Alternative
Rep. Ann Wagner says the best interest standard her new bill proposes "applies to both investment and retirement accounts, unlike Labor’s rule."
SEC Charges 13 in Telemarketing Boiler Room Scheme Targeting Seniors
The cold calling scams used high-pressure sales tactics to bilk more than 100 victims out of more than $10 million.