If the model rules were adopted, states would have more power to collect millions in fines.
Jeffrey Dampf was barred from the securities industry last week for not cooperating in Finra's investigation of allegations that he stole money from elderly clients.
The son of a man murdered by a Colombian guerrilla group had sued for access to a 401(k) account connected to the perpetrators.
Research shows that investors in digital currencies also see inflation as a longer-term reality.
The trader, Keith Wakefield, was charged with one count of securities fraud, which carries a maximum sentence of one year in prison.
TCFG in Laguna Nigel marked up ticket charges 60% of the time, but told advisory clients that markups were imposed only 'in some limited instances,' the agency says.
Republicans are upset about auto-IRA and other proposals in the $3.5 trillion budget reconciliation package. Will their ire carry over to SECURE 2.0?
Last year, the SEC charged the unregistered adviser at the heart of the matter with defrauding a town in Puerto Rico and misappropriating $7.1 million.
In other cases, claims have been dismissed against several plan sponsors, including Prudential and Eversource Energy.
A recent Financial Industry Regulatory Authority Inc. rule change gives reps five years to return without having to retake qualifying exams.
A discussion about what to wear on a casual Friday took an ugly turn, according to the former TD Ameritrade employee. CEO Walt Bettinger said harassment is unacceptable, and the firm will investigate the claims.
The SEC charged Robert Press, the former CEO of TCA Fund Management, and Donna Silverman, its former chief portfolio manager, with inflating net asset values.
Self-directed IRAs are a growing area of concern at the state level, as enforcement actions more than doubled last year.
The problem has continued its upward trajectory, said the lawyers organization, since releasing its first report in 2016.
The broker, Barry Snyder, was 'hooked' on a hamburger chain stock, says the ex-wife's attorney,
The self-regulator will require brokerages to file retail communications related to the sales of unregistered securities in addition to the offering document.
A new study details the uncovered costs retirees face for those services as Congress considers expanding Medicare Part B to include such coverage.
A state judge in Tennessee, where Ramsey Solutions is based, granted a motion to compel Ramsey's deposition in the Timeshare Exit Team case.
The Securities and Exchange Commission charged that from at least 2014 until 2019, Buttonwood took steps to avoid paying transaction costs by focusing client investments in more expensive mutual funds.
'A lot of smaller RIAs don’t understand the magnitude of the work necessary to comply by December,' said Brad Campbell, a former assistant Labor secretary.
