Firms will pay $1.4 million in restitution to about 100 clients and fines of $675,000
The Investment Adviser Association wants discretionary clients of fiduciaries to be accredited
The law firm Capozzi Adler has brought numerous cases this year on behalf of plan participants
Matthew Clason allegedly liquidated securities and transferred the proceeds to a joint account
Secretary of the Commonwealth William Galvin could take a more aggressive approach toward advice regulation than the SEC
Asset managers including Fidelity, BlackRock and State Street submitted comment letters criticizing the proposed rule
The complaint claims Yodlee’s distribution of client data caused thousands of dollars in economic losses to each individual involved
Report says the Labor Department's information about claiming retirement benefits may be insufficient
Regulator says the firm failed to supervise reps’ sales of risky energy securities
Both the SEC and Finra are now investigating Robinhood's handling of its March outage, sources say
More companies are pursuing small businesses for 401(k) plans, with technology enabling an abundance of new services
Given the growing interest in ESG, rules and regulations that seek to restrict ESG investments are short-sighted and ultimately negatively impact investors
Forged documentation on an over-the-counter contract for a client led to a loss of about $11 million
Investors take aim at an adviser, who sold GPB products, in numerous Finra arbitration claims
The adjustment in monetary policy could keep interest rates low for years to come
A Delaware judge denied the TAMP's motion to dismiss the allegations, which include fraud and trade secret misappropriation
Coral Gables Asset Management and its owner, David Coggins, falsified results on a private fund they managed, the agency charges
Democratic commissioners, other critics say the agency lacks understanding of risks posed by private market
The money went to pay adviser Mark Boucher’s credit card bills, the agency alleges
New statistics from regulator show slow pick-up, but concerns remain over use of Zoom
