Regulation

That would be a big “no,” in most cases, according to FINRA, but gives rise to another question…

The bank failed to implement its own supervisory procedures around single-inverse ETFs, costing clients millions, the SEC says.

The major custodian lost its second arbitration case — with even more filings likely — over the services it provided to a brokerage later proved to be engaged in massive fraud.

The agency has long urged issuers to address risks and concerns associated with a potential crypto fund, including manipulation, liquidity and custody issues.

The agency will send several dozens agents to make at least 800 face-to-face visits in February and March of this year.

For many, the document is a significant source of confusion. Fortunately, one of the most persistent errors is easily correctable.

The settlement marks the bank’s largest yet from a series of scandals that claimed two chief executive officers.

The commission “failed to enact a meaningful conduct rule,” state regulator William Galvin says.

Undisclosed payments from alt managers should have been explained to clients in Form ADV, the regulator says.

The wealth manager claimed bank management knew a customer had a history of sexual harassment, but allowed him to continue doing business at the branch anyway.