Compliance

The Securities and Exchange Commission today announced that three whistleblowers have been awarded a combined total of $25,000 for tips they provided to help the SEC and Justice Department to thwart a sham hedge fund.

Bloomberg -- Brokers face restrictions on using clients’ assets as collateral for other trades, as part of a push by global regulators to prevent the securities lending market from sparking chain reactions that could cause a crisis.

BLOOMBERG -- BlackRock Inc. (BLK), the world’s biggest money manager, won dismissal of a lawsuit brought by two pension funds that accused the company of collecting “grossly excessive” compensation from securities-lending returns linked to iShares Inc.

As summer comes to a close, we're taking a look back at some of the hottest stories this season. Whether you were on vacation or busy working -- maybe you just finally have time to catch up on reading over the long weekend -- we've gathered the summer's top stories all in one place.

Bloomberg -- Bank of America Corp.’s Merrill Lynch unit agreed to pay $160 million to settle a discrimination lawsuit filed by black financial advisors, a lawyer for the plaintiffs said.

The Securities and Exchange Commission today sanctioned a former portfolio manager at a Boulder, Colo.-based investment advisor for forging documents and misleading the firm’s chief compliance officer to conceal his failure to report personal trades.

Bloomberg -- UBS AG, Switzerland’s largest bank, will pay $4.58 million to settle an investigation by regulators into whether its sales assistants were licensed in states where they did business.

UBS will pay $4.58 million to settle an investigation by regulators into whether its sales assistants were licensed in states where they did business.

These are stressful times for the mutual fund industry. An obvious statement, but one authored by a colleague ten years ago. Even more interesting is that the trends cited then are the same concerns that we hear from clients today. So what has changed?

WASHINGTON — A heavyweight panel including former bank regulator Sheila Bair cautioned Wednesday that the Federal Reserve must take a clear and steady direction out of its "experimental" monetary policies so as not to further harm the economy.

A heavyweight panel including former bank regulator Sheila Bair cautioned Wednesday that the Federal Reserve must take a clear and steady direction out of its "experimental" monetary policies so as not to further harm the economy.

Morgan Stanley Smith Barney and Morgan Stanley & Co. have been fined $1 million by the Financial Industry Regulatory Authority (FINRA) it was announced today.

Bloomberg -- U.S. Securities and Exchange Commission Chairman Mary Jo White said she would push to adopt proposed automated-trading rules after system caused a three- hour halt on the Nasdaq Stock Market.

The top U.S. derivatives regulator is poised to announce a range of potential methods for overseeing automated and high-frequency trading, according to four people with knowledge of the matter.

SEC Chairman Mary Jo White said she would push to adopt proposed automated-trading rules after system caused a three- hour halt on the Nasdaq Stock Market.

Hundreds of SEC lawyers and examiners face new obstacles to cashing in on their agency experience under an expanded ethics rule to take effect in January.

Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. LLC have been fined $1 million by the Financial Industry Regulatory Authority (FINRA) it was announced today.

Further excitement in the saga of Detroit’s bankruptcy: Public-sector unions are challenging the city’s estimates of its pension underfunding.

RIAs have a new top cop in Washington.

RIAs have a new top cop in Washington.