SEC Names McNeil First Ombudsman
As Ombudsman, Tracey McNeil will report to the SEC's Investor Advocate Rick Fleming.
2014 Broker-Dealers of the Year—Scenario 3: SEC Imposes Fiduciary Standard on Reps
How would top BDs handle this scenario? "In many ways," says Eric Schwartz of Cambridge, "we're in a fiduciary world already."
Roper Urges SEC Chief to Move on Fiduciary With Split Vote
Chairwoman Mary Jo White “gives every impression” that a uniform fiduciary rulemaking is “a personal priority for her,” says consumer advocate Barbara Roper.
FINRA Enforcement: HFP Capital Markets Expelled From FINRA for Note Fraud
FINRA also censured Saddle River, New Jersey-based Felix Investments.
FSI Adds New Advisor Members From 2 Firms
Complimentary memberships and similar initiatives have helped boost FSI memberships, which have doubled since 2011.
FINRA Warns of Stock Scams Tied to Ebola, Other Viral Diseases
“News coverage of viral outbreaks, including Ebola and MERS, will likely catch the interest of stock scammers looking to capitalize on fears,” FINRA says.
SEC Charges Immigration Attorneys With Bilking Foreign Investors Seeking U.S. Residency
The lawyers sold investments in a fake ethanol plant, the SEC said.
FINRA Arbitration Head Fienberg to Step Down
Linda Fienberg, an 18-year FINRA veteran, will leave at the end of November.
SEC User Fees Would Have Little Impact on Most Firms: Study
Vanguard, on the other hand, may have reason to call its lobbyists soon, according to an analysis by the compliance firm RIA in a Box.
Has the CFP Board Overplayed Its Hand With the Camardas?
Even if the Board wins its suit, what will be the long-term cost in the hearts and minds of other CFPs?