SEC

The firm didn't disclose its conflicts of interest in receiving over $100 million in revenue sharing from mutual funds over nearly five years, the SEC says.

The once high-profile RIA owner ran a $20 million Ponzi scheme, federal prosecutors said.

The certifying body says it will no longer rely on advisors’ reports and it is convening a new task force to modernize enforcement.

Though designed to raise standards for broker-dealers, the SEC’s 564-page rule sent ripples throughout the advisory industry.

Advisors and their firms should be prepared for how they will respond to expanded fiduciary responsibilities under new standards.

While bond investor anxiety previously focused on how the funds respond to abrupt withdrawals, skeptics are now homing in on secondary trading.

The commission warns practices to tighten up supervision and ensure accurate disclosures.

AR Capital, Schorsch and former CFO Brian Block allegedly raked in millions through inflating fees in REIT mergers.

The SEC’s 564-page rule shows the new disclosure could prove time-consuming, even vexing, for firms.

The group cited "confusion" among certified planners sparked by passage of the SEC's less-strict Regulation Best Interest.