A brokerage and a rep, both targets of Finra disciplinary actions, have filed suits questioning the regulator’s constitutionality.
The provision was buried on page 302 of a rule focused on private-fund advisors. The SEC also reopened the comment period on its advisor custody proposal.
Quarterly reporting and an annual audit 'could eat into returns and be borne by investors.'
A broker in the firm's Garden City, New York, office put way too much WisdomTree stock in his aunt's portfolio.
Compliance experts have their say after SEC's first enforcement action based on new marketing rule highlights dangers of hypothetical-performance ads.
With the SEC preparing to approve a number of major proposals next year, firms face added costs and a huge amount of compliance work.
Regulations that go final during the summer or later in an election year can be vulnerable to a procedure that lets the new Congress disapprove rules approved during the previous Congress.
A Wealthspire advisor launches campaign that has so far raised $30,000 for the island.
Alabama-based advisor denies he did anything wrong in a statement on his IAPD profile.
'Most voters didn't realize the millionaires tax included one-time sudden windfalls like the sale of a home,' one advisor says.
