The targets of the rule likely include major hedge funds trading in government securities as buyers and sellers.
The industry regulator provided areas of focus for the year ahead to member firms.
The regulator’s report on the accredited investor definition noted that many only qualify because of their DC plan assets.
FINRA Proposal Would Allow Broker/Dealers to Use Projected Performance in Marketing to Retirement Plans
The new rule would permit brokers to use projected performance in communications about qualified retirement plan investing.
Older adults without cognitive impairment are still vulnerable to scams, FINRA and JAMA found.
Monmouth is the second firm to be expelled by FINRA for failing to supervise its representatives’ trading.
Experts explained during a FINRA webinar that the act provides financial institutions immunity for reporting potential exploitation of senior citizens.
A ‘technical’ issue led to overstated projections of yield and income for nine money market funds for about 8.5 million...
The majority of Generation Z, including investors and non-investors, rely on social media and family members for financial information.
Riskier and complicated assets require more due diligence, and regulatory officials laid out some practices for advisers to avoid.
The SEC chairman made remarks about Reg BI, Reg BE and about AI’s role in the markets at FINRA’s annual...
The brokerage and investment bank was expelled for misrepresenting its fee structure, churning accounts and failing to properly supervise and...
Jonathan Curley, a former RIA, will perform due diligence on firms Pensionmark is looking to acquire.
A Voya study finds added financial challenges reduce plan participation, savings rate and average balances for Black and Latino employees.
The Snappy Kraken Morningstar Wealth Edition gives advisers access to Morningstar research to share with clients.
Jessica Hopper, head of the influential securities regulator for the brokerage industry, is stepping down in February, with Christopher Kelly...
A panel discussing succession planning also noted giving next-generation managers “permission to fail” as they learn to run their parts...