A new bill in Congress would dramatically raise the fines meted out by the SEC. How dramatically? An individual firm could be hit with a $10 million charge -- per violation.
Finra critic John Busacca has lost a court appeal of a disciplinary case that the regulator brought against him in 2006.
The FSI has fired off a letter to Congress blasting the letter the DOL's Phyllis Borzi sent to Congress blasting Institute
Will require that brokers perform reasonable due diligence to understand the nature of the recommended strategy or securities product and whether it's suitable
Legislation that would establish one or more self-regulatory organizations for investment advisers has not crashed, but its trajectory is stalling. It's not clear when -- or if -- the House Financial Services Committee will vote on the bill.
Russell Wasendorf Sr. faces up to 50 years for part in commodity brokerage's collapse
Regulator names names in statement disclosing Reg D enforcement actions; Securities America on the list
Although they're fighting over how to extend Bush-administration tax cuts, both parties agree on the need for fundamental tax reform, according to one leading House Republican freshman.
On Monday, Finra rolls out its expanded suitability rules. Some advisers and attorneys say the rule is a little too expanded for their liking.
