Regulation

Industry watchdogs stayed busy trying to root out elder fraud and off-channel communications while plaintiffs lawyers' questioned firms' sweeps policies and regulators' basic authority.

FINRA charges restitution but forgoes punitive fines for the three firms after crediting them for cooperating in its investigation.

Jefferies was among a group of firms cited by the SEC in its recent sweeping investigations into illegal "off channel" communications.

The deadline is fast approaching for brokerages to register home offices for employees performing supervisory functions.

A Dodd-Frank safeguard is playing out behind closed doors for the second consecutive time with the omissions of most details from the GAO's triennial report.

Critics of mandatory arbitration say it can go against investment advisors' fiduciary duty to always do what's best for clients.

The wirehouse is accused of not doing enough to prevent employees of its Smith Barney unit from making unauthorized transfers.

The nominee for head of the Securities and Exchange Commission, Paul Atkins, will pursue a more deregulatory and crypto-friendly approach than Gary Gensler.

Paul Atkins has a long history of criticizing industry watchdogs for what he considers regulatory overreach and is expected to take a light hand with the crypto industry.

Brokers from 15 firms have been suspended, fined and sometimes — but rarely — fired in a sweep that stretches back to 2022.