President Obama's plan takes aim at strategies used by upper-income claimants to increase their benefits.
The Tesla chief wants to get into military satellite launching. Plus, brokers failing to report trouble to Finra, stocks (and Costco earnings) drop, the Citi/Oceanografia plot thinkens, who you should follow on Twitter, and more.
Wells Fargo sought $76,152 from a former broker, but in the end was ordered to pay the adviser more than 10 times that amount .
Proposal would draw a bright line to exclude those with industry ties.
Regulator's chief risk officer says data collection marks a “paradigm shift” in how the regulator conducts examinations.
Breakfast with Benjamin: JPMorgan's Madoff missteps, Prudential's bullishness, ETF inflows' lessons, gold bugs' squashed state and Kraft's Velveeta shortage warning. Plus: pot stocks vs. prison stocks.
Investors and regulators are more tuned in to fraud now than in the days of the big boiler rooms.
People working for the SEC who owned stock in companies under investigation were more likely to sell shares than other investors in the months before the agency announced it was taking enforcement actions, according to a new academic paper.
The Securities and Exchange Commission won an appeals court ruling that may allow it to collect illegal proceeds from money managers who engage in insider trading even when their firms got all the profit.
Triad Advisors, Securities America failed to supervise reps who created and sent inaccurate consolidated account statements to clients, regulator says.
Friday's menu: Looking at stocks' recovery five years from the bottom. Plus: A big day for econ data, a bitcoin exchange crashes but new products spring up, Morgan Stanley gets a lawsuit tossed and Ukraine update
<i>Breakfast with Benjamin:</i> A man called "Mr. ETF," plus the skinny on Dave Camp's tax plan, Edward Jones settles cold calling case, a Wall St. cop moves on and a new take on "insider" trading.
The New Hampshire Bureau of Securities Regulation accused the firm of unlawfully soliciting clients on do-not-call lists
A former Bank of America Merrill Lynch financial adviser was sentenced to 10 years in prison for running a Ponzi scheme that defrauded at least six investors of $2.7 million. Mason Braswell has the story.
Investment management unit chief says agency wants to be sure transitions are good for clients.
In some cases, the failure to supervise rests with the adviser, not the firm, senior director says.
What do adviser lobbyists do when their issues are out-of-sight and out-of-mind? Quietly educate lawmakers.
Independent advisers cannot afford to spend 2014 on the sidelines. The regulatory burdens facing our industry will not ease up unless we all stay focused, regardless of the political circumstances.
