SEC

Louis Blazer III used client funds to finance 'Mafia the Movie,' according to the complaint.

Risk alert: The agency expects advisors to follow these steps.

A recent OCIE report shows that advisors are missing the mark on protecting their businesses against cyber threats.

The department is asking the Office of Management and Budget to postpone the compliance date for 18 months for the best interest contract exemption and other aspects of the rule.

The company made reductions by as much as 20 basis points at the offerings, which total about $204 million in assets.

In addition to redesigning its business lines, the $48 billion firm is considering a robo, the president of its broker-dealer said.

Expected new chief for financial products is fueling speculation for more innovative funds.

The advisors collected $1.7 million by fraudulently pushing variable annuities, investigators say.

A new industry snapshot highlights record firm count and AUM, while continuing steep client growth fueled in considerable part by the rise of robos.

The Labor Department is receiving a deluge of feedback from advisers and investors on whether to revise its controversial regulation.

The $814 billion Beijing-based investment firm has more than a third of its portfolio in alternative assets.

Only about 5% still charge them, according to a Financial Planning study.

Regulators are contacting the bank after financial details of some 50,000 clients were inadvertently sent to an outside party, according to a person with knowledge of the matter.

A bill repealing rule moves on to House floor, while appropriators seek to block funding for the measure.

The agency plans to split the award between just two people who reported the bank’s product-pushing tactics.

A new bill would go further than past attempts to block the Labor Department altogether.

OCIE plans to conduct 1,850 probes of RIAs, a 28% jump over its 2016 total, while sharply cutting those aimed at broker-dealers.

The move comes the same week that the SEC said it would try to coordinate with the Labor Department on the regulation.

Distributors are no longer content with labeling their products with star investors.

Jay Clayton acknowledged in testimony on Capitol Hill that it's a “very complicated issue.”