Gov. Jay Inslee says legislators need time to refine the program, the Washington Cares Fund.
Employees often communicated about business on their personal devices, using text messaging applications, such as WhatsApp. The compliance systems were not keeping up with technological advances, an expert said.
The regulator says the firm failed to review more than 100 accounts for junk-bond concentrations.
The case alleges fiduciary breaches based on the existence of cheaper investment options on the market than those used in the plan.
The Government Accountability Office's report analyzed 69 SEC reviews of Finra since fiscal 2018.
One of the lead plaintiffs in the class-action case appears to be the company’s former regional vice president of retirement sales.
A judge denied Gwen Campbell's request to temporarily bar fellow bankers at JPMorgan from soliciting business from clients she brought with her from BofA, clients who reportedly include former New York Yankees star Alex Rodriguez.
The agency says the firm distributed unregistered shares unlawfully and failed to file suspicious activity reports.
The central bank also said it will double the pace at which it's scaling back purchases of Treasuries and mortgage-backed securities, putting the program on track to conclude in early 2022 rather than at midyear.
A bug earlier this year let plan sponsor clients view outside participants' data, and one man claims he and others suffered consequences.
The agency received a trove of public comments on its proposed ESG changes, and many were penned by people concerned about a perceived liberal agenda.
Law firms representing the plaintiffs cite fiduciary failures in moving to in-house funds and high fees for record keeping and managed accounts.
Record highs for B-Ds in profits, revenues and assets give the industry much to be cheery about.
Partisan differences will hamstring legislation, as Democrats stress investor protection and Republicans focus on protecting innovation.
The acquisition marks the third deal for ComplySci in the fourth quarter, in the wake of a strategic investment from K1 Investment Management, a private-equity firm focused on enterprise software companies.
The SEC chairman's comments were the strongest signal to date that he'll push for much tougher rules for special purpose acquisition companies.
Finra found that for 17 years, the firm failed to store 13 million customer records in the required format.
The trade association said the regulator has all the tools and authority it needs through Reg BI. It's also pushing agencies to allow remote supervision permanently.
The two executives, Dane Roseman and Ivan Acevedo, were both sales managers for Woodbridge at different times between 2013 and 2017.
The Supreme Court justices hinted at different positions on whether Northwestern did a disservice to participants by having too many options.
