The final regulation targets 'greenwashing' but strips out what would have been 'a more onerous' ESG provision, a lawyer says.
Lawmakers say changes would hurt retirement investors. They also raise concerns about a proposal to curb advisor conflicts related to AI.
The disputed deal involved a loan to Miami-based Brightline Holdings, which is developing a high-speed rail line between Los Angeles and Las Vegas.
Tax officials will focus on high earners and corporations that are not paying their fair share.
Investment Adviser Association files petition pushing agency to make number of staff, not AUM, the deciding factor in defining a firm as 'small.'
Over nearly three years 'our branch examiners have refined their skills and become very adept at identifying risk remotely,' insists LPL Financial.
Hodgepodge of different regulations needs addressing, says securities lawyer.
Legislation in California that will likely become law goes much farther than an SEC proposal on emissions reporting for public companies.
Academics suggest improvements to the savings system and restoring the solvency of Social Security.
Leader accused of proposing regulations that are ‘sowing discord and confusion.'
YieldStreet failed to disclose heightened risk, according to the SEC.
Golden State’s proposal will force corporations to make carbon emissions public.
States found lower rates of problems with investment advisors across numerous categories.
Even before seeing the text, the insurance industry says the measure to raise advice standard for retirement accounts will hurt middle- and low-income savers.
With the Massachusetts decision, the fiduciary question now moves to states.
Most HNW individuals are compliant because they have quality advisors who know the law and how to follow it correctly, says one advisor.
Former Trump Attorney General enters fight with other heavyweights on behalf of broker-dealer against Biden’s Justice Department.
'It’s the most extreme churning I’ve seen in more than 40 years,' the investor's lawyer says.
'I can’t recall when they’ve been so explicit about what they do and why they choose a firm for examination,' a compliance expert says.
The cost of the new system was estimated at $500 million at the end of last year.
