FINRA Bars 2 Advisors for Excess Trading in Billionaire Roy Speer's Accounts
By Janet LevauxForte Group made more than 2,800 trades in Speer's accounts in less than a year, FINRA says.
October 21, 2019
FINRA Won't Nix Suitability Rule in Light of Reg BIFINRA plans to submit to its board shortly a rule proposal on sales contests and FINRA's suitability rule "to conform them to Reg BI," its legal chief says.
October 21, 2019
SEC Issues FAQ on 12b-1 Fee Disclosure ObligationsThe FAQ is seen as a response to complaints on the SEC's Share Class Selection Disclosure Initiative.
October 21, 2019
Merrill Edge Expands Free Online TradingThe move follows elimination of online trading fees by Schwab, TD Ameritrade, E-Trade, Fidelity and Ally Financial.
October 21, 2019
Legg Mason Launches First Commercial Real Estate Fund: Portfolio ProductsAlso, Fidelity adds to its index fund offerings.
October 21, 2019
ETFs' Growth Story: It's ComplicatedThe ETF market has surged in the past five years, but that headline growth obscures some major developments.
October 19, 2019
Redemptions From Fisher's Firm Top $1.3BThe latest move by an Iowa pension fund comes about a week after investment advisor Ken Fisher made lewd remarks at an industry event.
October 18, 2019
ACA Employer Coverage Reporting SurvivesThe IRS still has the authority to impose fines on nonfilers.