Four top executives of DBSI Inc., one of the leading syndicators of private-placement investments, were convicted by a federal jury on multiple counts of fraud.
The new SEC investor advocate establishes the narrative with story about his upbringing.
B-D regulator picks communications and gratuities — areas with plenty of complaints, questions — for initial focus.
Tackles broker communications with the public as well as gifts, gratuities and non-cash payments; will look at other regulations.
Regulator is 'playing the long game,' sees advisers as regulatory and revenue opportunity, IAA's Neil Simon says.
Without the additional $324 million it requested, the SEC won't be able to hire additional personnel to expand RIA examinations. What does this mean for advisers?
Seven lobby groups representing investment advisers and consumers are urging lawmakers to sign on to legislation that would charge advisers a user fee to fund more regulatory exams.
They say the costs and loss of privacy outweigh its benefits.
