Top DOL Official Sees a 'Nonsensical' Reality at Heart of Fiduciary Fight
By Melanie WaddellThe current state of best-interest regulation is too complicated for retirement investors to understand, says Ali Khawar.
September 18, 2024
SEC Hits First Horizon With $325,000 Reg BI FineThe charges relate to First Horizon's recommendations of structured notes after its merger with IberiaBank.
September 16, 2024
Firm Violated Reg BI With Class A Mutual Fund Switches: FINRASecurities Research Inc. of Florida must pay more than $100,000 for not supervising a rep's short-term switches.
August 23, 2024
Cash Sweep Clients 'Were Paid Peanuts': Ex-SEC CommissionerFormer SEC Commissoner Robert Jackson has partnered with a law firm to help underpaid brokerage customers.
August 06, 2024
BD Fined for WSPs With No Mention of Reg BIJVM Securities' written procedures discussed Reg BI but were not tailored to its business, FINRA said.
August 06, 2024
Morgan Stanley Says SEC Seeks Info On Cash Balance SweepsThe wirehouse has been speaking with the SEC and responding to its requests since April, it disclosed Monday.
July 31, 2024
Firm Violated Reg BI With Risky Options Strategy: SECWestern International Securities was fined $140,000 for letting a former rep day trade options in clients' accounts.
July 29, 2024
SEC Hits Firm With $85K Reg BI FineLifeMark Securities and a registered rep must each pay fines and return some funds to a semi-retired client.