The online trading platform’s popularity has skyrocketed over the last several months, but its fast growth has also generated increased regulatory scrutiny
Arkansas and Michigan become the latest states to adopt the National Association of Insurance Commissioners model rule
Morgan Stanley’s $1.7 million settlement highlights remedies for excessive fees
Agency says advisers, brokers must apply ‘heightened scrutiny’ to sales of risky ETPs
Revision of the advertising rule in place since 1961 reflects technological advances like social media marketing, according to the regulator
The agency will ‘conduct enhanced transaction testing’ to see if firms are acting in customers’ best interests
The settlement includes $4.4 million in restitutions to harmed customers over the sales of unsuitable VA, mutual fund and 529 products
DOL rules affecting investment advice and the use of ESG factors may be vulnerable under Biden
Efforts to implement fiduciary rules in New Jersey, Nevada and Massachusetts are in limbo
But an investor advocate praises the state for targeting conduct other than outright fraud
