Compliance

Based on the “forced experiment” of its remote periodic examinations of broker-dealers, the onsite portion “may not be necessary,” Robert Cook said.

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

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

The free lunches are over. Sort of.

The firm’s National Financial Services allegedly failed to deliver certain basic information to clients in five public offerings of shares in a fuel cell technology company.

The department faced scathing criticism for hours from insurers and consumer advocates alike.

The department’s new proposal would restrict when fiduciaries can vote in retirement plans.

Regulators will conduct surveys and sweep exams to assess how your firm’s BCP handled — or didn’t — the COVID-19 pandemic

The advisor sold securities out of one account to buy a Camaro ZL1 — then resold the car to the same victim, the regulator alleges.

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