The Latest

The Securities and Exchange Commission rescinded a policy Monday requiring defendants in settled enforcement actions not to publicly deny the SEC's allegations.

Employees can make nominations for Financial Planning's Best Workplaces in Money Management, a research-driven program recognizing firms' practices and cultures.

Ted O'Connor is senior vice president of Arcesium.

The program recognizes registered investment advisory practices that provide positive workplace environments and excellent benefits, according to their employees.

Zoe Sagalow is a reporter for Financial Planning covering tax, retirement and more.

Previously, she covered bank regulation, insurance regulation and tax policy.

The SEC is now focused on "quality of cases versus quantity," the SEC chairman said during a discussion held as part of the 2026 FINRA Annual Conference.

Oppenheimer said it had calculated its potential liability in its cash sweeps lawsuit at more than $440 million. Rather than face a jury, it's settling the class action lawsuit.