Regulation

inShare WASHINGTON — Federal regulators Tuesday unveiled a highly-anticipated proposal that details how they plan to regulate the largest domestic financial firms, including new capital and liquidity requirements.

A jury for the U.S. District Court for the Southern District of New York has ruled in favor of an SEC lawsuit against a former Prudential Securities registered rep for market timing mutual funds between 2001 and 2003.

A jury for the U.S. District Court for the Southern District of New York has ruled in favor of a Securities and Exchange Commission lawsuit against a former Prudential Securities registered rep for market timing mutual funds between 2001 and 2003.

The U.S. Attorney’s Office for the Southern District of New York said that the former controller of accounts at Bernard L. Madoff Investment Securities pled guilty to four counts of falsifying records.

More than 80% of investment advisors would prefer to pay user fees to fund greater SEC oversight than to be overseen by a self-regulatory organization, a major new study found.

A new rule proposed by FINRA to help carrying and clearing firms transfer customer accounts if they go bust will be too cumbersome and costly to follow.

A new rule proposed by FINRA to help carrying and clearing firms transfer customer accounts if they go bust will be too cumbersome and costly to follow.

The Securities and Exchange Commission brought civil charges Friday against former Fannie Mae CEO Daniel Mudd, 53, former Freddie Mac CEO Richard Syron, 68, and four other ex-officers. The charges were brought in the U.S. District Court in Manhattan.

FINRA hit Wells Fargo Investments with a $2 million fine and ordered the firm to pay restitution for making unsuitable sales of reverse convertibles to elderly clients and for not providing breakpoints on unit investment trust sales to eligible customers.

This may feel like the time to be generous, but registered broker-dealers should be extra cautious when giving gifts. Here are 13 ways that registered broker-dealers can run afoul of the rules during the holiday season.