SEC

But the regulator also ordered record payouts in 2020, including restitution through a self-reporting program that drew industry ire.

What different outcomes could mean for financial planners and their clients.

Unclear — or no — disclosures were among a number of concerns regulatory officials expressed about initial examinations.

Complicating socially conscious investing is the fact the SEC doesn’t regulate how the category’s labeling is applied.

Insiders see a Democratic administration backing tightened investor protections as industry advocates look to tax legislation.

The advisor allegedly carried out a 20-year scheme defrauding at least 15 clients through forgery and misrepresentations.

The Managed Funds Association urged the agency to do more analysis before moving forward.

The Justice Department filed two counts of wire fraud against the firm but agreed to defer prosecution under a three-year deal that requires the bank to report its remediation and compliance efforts to the government.

Actions hit a nine-year high and restitution climbed to the highest total since 2013 — even before the rule’s heightened scrutiny.

Expenses fell by 20 basis points and risk-adjusted returns climbed 92 bps, according to the study.

Investor advocates, religious groups and proponents of ESG investing argue the changes are a gift to business lobbyists that will muzzle corporate critics.

The broker hasn't been registered in over a decade, and was using clients’ usernames and passwords to make trades in their self-directed brokerage accounts, according to the regulator.

A rising appetite for achieving specific investment objectives, such as sustainable investing, is the main driver behind the projected rise in their popularity.

The former broker allegedly also used his client’s money to pay bills at gas stations, grocery and hardware stores, according to the regulator.

Industry veterans have warned that packaging the loans into funds that are easily accessible could pose a risk to retail investors unfamiliar with collateralized loan obligations.

After an SEC lawsuit, Dan Kamensky now faces criminal charges including securities fraud, extortion and obstruction of justice.

The passively managed fund will be made available to qualified purchasers through family offices, RIAs and other institutions, a person familiar with the matter says.

Previously, criteria focused on an investor’s wealth. Now, a broader group has access to investments that include private company offerings and certain private equity funds.

Lower transaction costs can often come with higher expense ratios at the nation’s largest IBD.

It’s the latest dramatic twist in the story of USO, which was at the center of the storm as crude prices plunged earlier this year.