Enforcement: Hedge Fund to Repay Nearly $3M for Hiding Losses From Investors
Goldman Sachs was censured and fined $15M by the SEC for violating Regulation SHO.
DOL Fiduciary Rule Lands at OMB for Review
SIFMA urges OMB to put the rule through a "comprehensive" cost-benefit analysis.
Where FINRA, SEC and NASAA Are Really Focusing This Year
At FSI OneVoice, regulators say they’re looking at everything from recruitment compensation and conflicts of interest to elder fraud.
Senator Pushes Retirement Savings Account Bill
American Savings Accounts would be modeled on the Thrift Savings Plan for federal workers, Sen. Jeff Merkley, D-Ore., says.
Dear Breakaway Broker: Know Your Employment Agreement(s)
Whether you’re a rep, an RIA or an advisor employer, it’s wise to understand the legal issues around employment.
AIG Advisor Group Sale Fueled by DOL Fiduciary Rule, CEO Says
But consumer advocate Barbara Roper says many firms will blame the rule for things they would do anyway.
Debate on Fiduciary Is Over; Battle for ‘Best Interest’ Rages On
The debate on fiduciary duties ended with the DOL rule win. The battle continues over the meaning of fiduciary and “best interest.”
Convicted Inside Traders Look to Supreme Court for Redemption
Some of U.S. Attorney Preet Bharara’s biggest catches in a seven-year insider-trading sweep are clinging to one more hope of clearing their names.
FSI Vows to Continue Fighting DOL Fiduciary Rule
Dale Brown: “We’re not ruling out any actions” to stop rule’s implementation. David Bellaire: Rule “will do irreparable harm to investors.”
DOL’s Perez: Fiduciary Rule to Be Wrapped Up in ‘Coming Months’
Labor Secretary Thomas Perez also said the White House plans to push for auto-IRAs and boost MEPs in its upcoming 2017 budget.