The asset manager said requiring new disclosures for funds that just consider ESG criteria among many other factors could muddle the situation.
Finra has proposed a pilot program for firms that want to continue remote inspections, in line with the seemingly permanent use of remote work.
Eric Noll, the CEO of Context Capital Partners, first joined the Finra board in August 2020.
William Galvin announced a 'sweep' of firms offering the new ETFs, which he compared to gambling at a casino.
Pending investigation, Massachusetts adviser Filippo Mastrocola can’t use CFP certification mark.
Criminal and civil fraud charges were filed against Anthony Mastroianni Jr., who sold fake promissory notes to older investors.
Regulator says rep defrauded clients by saying variable annuities were commission free.
SEC, CFTC worried that messages were being completely lost and would ultimately make it harder to look for wrongdoing.
The agency is asking companies offering ESG funds whether they lend out shares, which could impact their ability to cast ballots in corporate elections.
Senate Finance Committee Ron Wyden has requested information about private placement life insurance, which can be used to shelter hedge funds and other products from taxes.
The Inflation Reduction Act will boost the agency's funding by $80 billion over 10 years to strengthen its enforcement and compliance efforts.
The Inflation Reduction Act provides certainty for sustainable investors, but compromises mean fossil fuel expansion.
Legislation that last year contained a litany of taxes on high earners has been whittled down to a bill with a few corporate tax provisions.
The organization of state regulators cautions about taking advice from social media financial influencers because of possible conflicts.
Wells and a former broker must pay $731,587. The claimants alleged investments were made 'with the sole purpose of generating additional commission or fees" for the broker.
Representatives Josh Gottheimer, Tom Suozzi and Mikie Sherrill, who have led efforts to include an increase to the $10,000 cap on deductions for state and local tax, will support bill.
The adviser, Eileen Cure, filed suit in federal court in Texas seeking $95 million in damages
A much better-funded Internal Revenue Service would be equipped with new auditors and technology to uncover tax avoidance.
The provision is part of the Inflation Reduction Act the Senate approved over the weekend and the House will take up this week.
The firm was fined $200,000 for failing to supervise the rep, whose grandmother was 88 and widowed when she opened her account in 2014.
