SEC Fines S&P Global Ratings $2.5M Over Conflicts of Interest
By Melanie WaddellSales and marketing considerations improperly influenced the rating of a mortgage-related transaction, the SEC said.
November 14, 2022
FINRA Bars Ex-Morgan Stanley Rep Who Steered Clients to Outside InvestmentsThe ex-broker recommended unapproved outside real estate investments to clients, FINRA said.
November 14, 2022
CFP Board Seeks Comment on Enforcement Rule ChangesThe proposed revisions to the Procedural Rules address several issues raised by CFPs and others, the board said.
November 14, 2022
Gridlock Is a 'Perfectly Acceptable Scenario' for Markets: ValliereBut Secure Act 2.0 is likely to pass no matter who wins the House, says Jeff Bush of The Washington Update.
November 13, 2022
S&P 500 Becomes More Exxon, Less AmazonThe reversal of fortunes means that investors who piled into the S&P 500 back when tech stocks were surging are now far less exposed to the sector -- and its potential rebound.
November 12, 2022
Meet the Winners of the Excell Women in Wealth Management AwardsMeanwhile, Carson Group said nearly 90% of poll respondents believe women in the industry face barriers that men are less likely to deal with.
November 12, 2022
Ex-Broker Pleads Guilty To Stealing $500K From ClientsJennifer Campbell, 47, faces a maximum penalty of 20 years in prison and a $250,000 fine.
November 11, 2022
FTX Meltdown Has 'Whiffs' of Enron-Like Scandal: Summers"This is probably less about the ... rules of crypto regulation" than it is about classic financial fraud, says former Treasury Secretary Larry Summers.