The regulator is seeking public comment on a concept proposal that would require member firms to maintain sufficient cash and assets to meet obligations during times of stress.
Legislation proposed this week would bar defined-contribution plans from making new investments in several countries it defines as 'foreign adveraries.'
The agency said a long-contemplated plan to rein in conflicts of interest associated with artificial intelligence could be introduced as soon as October.
The Insured Retirement Institute is hoping Congress has an appetite for more retirement savings legislation following the SECURE Act and SECURE 2.0.
Schwab self-reported the issues with disclosures related to exchange-traded notes, which occurred from January 2016 to December 2020, to Finra.
President Joe Biden's top economic adviser, Lael Brainard, signaled the White House is unwilling to entertain the GOP proposal, which would cut income and corporate taxes.
The plaintiffs and defendant recently filed cross motions for summary judgment of the challenge over the Labor Department's recently implemented ESG rule for retirement plans.
The policies of most interest to financial advisors, such as expiring estate tax breaks, could come up later in the year in negotiations over a bipartisan bill.
The firm reached an agreement to settle a proposed class action alleging that it knowingly benefited from former client Jeffrey Epstein's sex trafficking.
The SEC wants advisors to disclose whether the person who's touting them is a client, is being compensated or has any conflicts of interest.
TD Ameritrade self-reported the lack of disclosure, which occurred from January 2016 to June 2021, to Finra, according to the settlement.
Doug McKelvey of South Lake, Texas, misused at least $1.5 million of funds held in brokerage accounts belonging to clients that included his mother and another elderly family member.
The Investment Adviser Association and SIFMA say a proposed 30-day requirement is too short. But Better Markets says it should be shortened to 14 days.
Advisors will likely face more stringent compliance requirements as a result of the SEC's actions and may need to reassess their compliance programs to adequately address the unique risks associated with digital assets.
The hearing showed that Republicans and Democrats don't agree on what 'choice' means in the context of investing.
But the claimants likely received a substantial damage payment as part of the agreement to overturn the decision.
Clayton took a swipe at the current leadership of the Securities and Exchange Commission for swinging too far in the wrong direction.
Both federal and state officials drilled in on the firm's staking program, which offers customers a return for letting their tokens be used to facilitate blockchain transactions.
The case, which is seeking class status, also names Fidelity and Financial Engines as defendants.
The legislation mandates that the SEC think beyond current income and wealth thresholds to define the sophisticated investors who are qualified to buy private securities.
