Financial regulations

The quant crowd is justifiably concerned by the lack of objective statistics available.

While such an act may seem like career suicide, it can in fact be a move to do just the opposite, according to attorneys.

The firm has spent the last two years working to overcome various scandals.

The reps join a slew of others who chose not to cooperate with FINRA investigations — at least 21 since 2017 — and therefore agreed to an automatic ban.

Investment advisors and broker dealers have different “relationship models” with clients, the chairman says.

What should advisors expect from the upcoming regulation?

The brokerage sector and investor advocates are gearing up for a fight over broker provisions.

The firm cannot increase assets until it comes up with a plan to fix its internal controls.

NASAA President Joseph Borg also vowed to work with SEC Chairman Jay Clayton’s team on improvements to the Regulation Best Interest proposal.

One topic under alleged examination is the monthly process through which prices of the benchmark’s futures contracts are calculated.

Miguel Ballestas was discharged from the firm after allegations of insider trading.

The commission's frequently asked questions come six weeks ahead of the deadline to self-report placing clients in high-fee share classes.

The funds paid for multiple vehicles, bedroom furniture and debts at casinos, prosecutors say.

New legal analysis suggests that the rules would add "teeth" to broker-dealer regulation.

“The broker-dealer world has tried to hang their hat on suitability, and if you close your eyes a little and squint, they almost look like fiduciaries — but not really,” one advisor says.

The payout brings the distribution to more than $1.2 billion, a fraction of the more than $50 billion scam.

Should advisors and brokers have plain-English job descriptions and be required to work in their clients’ best interest? Commissioners will vote on whether to move ahead with key proposals.

The misconduct is so pervasive that the regulator is temporarily allowing violators to come forward.

Compensation levels rose approximately 7% last year despite mounting industry challenges.

Advisors who should self-report a violation — but don’t — could face enforcement actions.