The SEC on Friday charged indie B-D owner -- and 'Wall Street 2' actor -- Tommy Belesis with fraud, claiming he bullied a fund manager into giving him excessive fees.
Finra boss Rick Ketchum says there's little chance of RIAs coming under the self-regulator's aegis. The upshot? Finra will focus more heavily on other issues.
Succeeds Elisse Walter, who remains a commissioner.
Massachusetts securities cops want background checks on would-be advisers. And some industry experts say the move could catch on in other states.
NASAA says hikes mark first boost in four years
NASAA also backs SEC exam user fee, wants crowd-funding redress.
Agency still hasn't gotten down to brass tacks on what rule would cost
Move could ease bottlenecks, bring state more in line with most others.
Commission steps up efforts to hold mutual fund directors accountable for accurately priced assets
