The Charles Schwab Corp. has been hit with another lawsuit claiming that its Total Bond Market Fund, which was represented as tracking the Lehman Brothers U.S. Aggregate Bond Index, loaded up with mortgage-backed securities prior to the financial crisis.
The Texas State Securities Board yesterday appointed Benette L. Zivley as the next Texas securities commissioner.
The Labor Department is poised to issue a regulation that clarifies who is a fiduciary under federal retirement law.
State securities regulators are meeting next week to begin planning for the examinations of more than 3,000 investment advisers expected to come under their jurisdiction next year.
So-called 'bad boy' provision still under discussion, says Texas regulator; definition of 'accredited investor' also said to be on the table
Don't blame state regulators for the financial crisis; blame those who took power away from state regulators.
To avoid future panics in money market funds, the mutual fund industry is calling on federal regulators to force broker-dealers to disclose information about their money fund clients.
A new rule aimed at making the financial advisory business more understandable to clients is giving advisers a headache.
The Securities and Exchange Commission is unlikely to see its budget increased over the next couple months as it continues to implement Dodd-Frank.
The Securities and Exchange Commission is holding off forming several new departments required under the Dodd-Frank financial reform law.
The disclosure that Mary Schapiro received nearly $9 million last year when she left her post as Finra's chief executive to become chairman of the Securities and Exchange Commission was greeted with outrage by brokerage industry participants last week.
But Republican representative has little support for wholesale repeal, even among GOP
The U.S. Securities and Exchange Commission froze the assets of a North Carolina investment firm and its owner, claiming he diverted more than $16 million from clients including pension funds, school endowments and hospitals.
Securities America, Massachusetts regulator battle over who's at fault in Reg D fiasco
Montana's commissioner of securities and insurance has sued Securities America over the sale of failed private placements, making it the second state to target the broker-dealer for selling the risky investments.
Bipartisan members of the Senate Judiciary Committee introduced a bill Thursday that would remove exemptions for the Securities and Exchange Commission to a law that promotes openness at federal agencies.
Former staffer allegedly fired for wanting to question John Mack about possible insider trading at Pequot Capital
