Financial advisers should rethink the way that they disclose information to clients, and investment firms should review and debate possible sales conflicts regularly, Finra chief executive Richard Ketchum said last week
A new regulation that would allow investors to choose an all-public arbitration panel in disputes with brokers is being hailed as a step toward making the process fairer — and criticized as a half-step toward giving investors the option of litigation.
High-profile advocate of state regulatory powers also served as president of NASAA
Finra boss says advisers should be acting ahead of rule change by SEC; customers' best interests paramount
State securities regulators are warning investors to be careful about peer-to-peer lending over the Internet, a trend that they say is on the rise as conventional loans have become scarcer and more costly
GOP budget cuts could end up declawing financial reform, the SEC boss warns
The new chairman of a House subcommittee with jurisdiction over investment adviser issues is holding his fire on two crucial questions effecting the industry — until he reads upcoming reports addressing the topics.
Retirees with less than $50,000 in their individual retirement accounts may not have to take required withdrawals under President Barack Obama's proposed budget.
Industry observers are worried that a new Finra reporting rule — set to go into effect July 1 — could open up brokerage firms to enforcement actions.
Senate memo asks regulators to slow down implementation of Dodd-Frank; single standard of care biggest concern
Summary prospectuses for variable annuities are supposed to help consumers make informed decisions about buying these complicated investments
The Financial Industry Regulatory Authority Inc. won't be nominating candidates for a small-firm seat on the board in its election this year.
The Charles Schwab Corp. has come out against the idea of creating a self-regulatory organization for advisers.
Finra warns about slew of pump-and-dump schemes aimed at milking disaster in Nippon
A researcher at the ETF-specialist speculates that a trader may have been making a play on Ariba ahead of the company's earnings announcement.
TD Ameritrade Institutional continues to leverage one factor that distinguishes it from its larger competitors for the assets of advisers: its advocacy efforts
Wells Fargo & Co.'s head of brokerage operations said banks may reduce the number of investment products offered to customers if regulators impose a fiduciary standard on brokers.
With the deadline approaching for the SEC to deliver a much-anticipated report about the regulation of financial advisers, the fight over establishing a universal standard of care is heating up
Registered representatives will operate under a fiduciary standard no earlier than the second half of 2012, according to Finra chief executive Richard Ketchum
The trustee liquidating Bernard L. Madoff's investment firm has filed more than $50 billion in so- called clawback suits to compensate victims of the con man's fraud since his 2008 arrest for masterminding the biggest Ponzi scheme in U.S. history.
