Tag: SEC

The Financial Industry Regulatory Authority (FINRA)’s board  approved a proposal requiring brokers to disclose compensation paid as an incentive to move to a new firm.

The risk alert addresses business continuity and disaster-recovery planning for investment advisers. 

The Securities and Exchange Commission (SEC) charged an Indiana resident and his company with defrauding investors in a Ponzi scheme that targeted retirement savings.

Jane E. Jarcho has been named national associate director of the Investment Adviser/Investment Company examination program by the  Securities and Exchange Commission (SEC).

The SEC filed a complaint claiming Bank of America and two subsidiaries failed to disclose key risks and misrepresented facts about the underlying mortgages in an offering of...

The SEC charged UBS for its failure to disclose that it retained upfront cash received when it acquired collateral for a collateralized debt obligation (CDO).

The Securities and Exchange Commission (SEC) released the schedule for its upcoming Compliance Outreach Program regional seminars.

ASPPA says a uniform fiduciary standard would cause confusion, but a coalition of other financial groups said retail customers would benefit from such a standard.  

Harmonization of rules for broker/dealers and RIAs could more than double compliance costs for independent RIAs in the first year of implementation—with little benefit to clients, a survey...

The House Committee on Financial Services passed a bill Wednesday that would collar expected rulemaking from the Department of Labor (DOL) to amend the fiduciary definition.

The Investment Company Institute (ICI) expressed opposition to a Securities and Exchange Commission (SEC) proposal to reform money market funds.

The Securities and Exchange Commission (SEC) announced a settlement in an enforcement proceeding against eight former directors of five Regions Morgan Keegan open- and closed-end funds. 

Blake Richards of Buford, Georgia, was enjoined by a federal court from committing more violations of the securities laws.

The Securities and Exchange Commission (SEC) charged Chauncey C. Mayfield with stealing nearly $3.1 million from a pension fund and using the money to buy strip malls.

A coalition of organizations urged Mary Jo White, chairman of the Securities and Exchange Commission (SEC), to establish a uniform fiduciary standard for broker/dealers and advisers.

The Securities and Exchange Commission (SEC) charged Blake Richards, a registered representative of a broker/dealer, with misappropriating retirement savings from widows or widowers.

Judd A. Gregg, a former three-term senator, was appointed chief executive officer of the Securities Industry and Financial Markets Association (SIFMA).

Carlo V. di Florio will join the Financial Industry Regulatory Authority (FINRA) as executive vice president of risk and strategy.

Socialite, a social media platform from Actiance that allows people in regulated industries to share content and delegate access, has several new features.

Legislation introduced by Congresswoman Maxine Waters would give the Securities and Exchange Commission (SEC) the authority to impose user fees on investment advisers.