Swat team created in 2009 to target wealthy filers seeing planty of action
Another distraction has hit House Financial Services Chairman Spencer Bachus, potentially creating more obstacles for his legislation to establish a self-regulatory organization for investment advisers.
The Securities and Exchange Commission is continuing to beef up and streamline its technology, adding new systems to track and catch fraudsters and other financial miscreants.
Callahan accused of using $3.35 million of investor money to help purchase property
Administration's proposed budget would boost funds for SEC; more examiners, more exams
Advisory unit loses latest appeal of raiding case stemming from brokers' move to Stifel in 2008; ordered to pay lawyers' fees
NAIBD calls commission's insistence that agency cover Stanford losses 'a misfit solution'
No payments made since business collapsed in 2009; 'living hell'
The SEC has filed a cease-and-desist order against an Illinois who called himself a registered investment adviser and a representative of a broker-dealer online and used social media in an attempt to scam gullible investors.
Officials at the Securities Investor Protection Corp. are adamant that the agency should not have to cover victims of the R. Allen Stanford's alleged $7 billion Ponzi scheme. The SEC thinks otherwise. This should be one dilly of a court battle.
Charles Schwab has sued Bank of America Corp., Citigroup Inc. and other banks. The reason? The brokerage claims they conspired to depress Libor rates by understating their borrowing costs. That, in turn, lowered the interest rates on short-term paper that Schwab mutual funds bought from the banks, the suit alleges.
Kravitz took funds out of clients' accounts, put the cash in his own account; sentenced to 41 months in jail
Regulators plan to ask investment advisers to provide data about the costs and benefits of the financial advice business, as the SEC continues on its path towards devising a uniform standard of care for advisers.
Investors say Arthur Laffer's association with Ponzi scheme cost them
R. Allen Stanford, the indicted financier, dropped a lawsuit that accused attorneys with the U.S. Justice Department and Securities and Exchange Commission of “abusive” law enforcement.
Federal judge hits founder of Brookstreet with huge penalty for hawking risky securities to retirees; defunct firm once had 500 reps
President seeks to draw line at $250K, but your mileage may vary; 'much more complicated than it sounds'
Those who end up paying more taxes than required on stock sales may well have tough questions for their advisers
