Compliance

Capitol Bancorp said its annual report that it was notified on March 30 that it would receive a subpoena from the SEC's Chicago office concerning its third-quarter reporting.

Self-regulatory officials may assess fees on municipal advisors based on their advisory activity and are focused on disclosure to retail muni investors.

Frustrated by the lack of progress with a global settlement between the 50 state attorneys general and the top mortgage servicers, federal banking regulators are expected to move forward with their own enforcement actions against 14 servicers as early as next week.

Supporters argue the new agency has unprecedented power that needs to be checked, but others contend the GOP simply wants to undercut an agency it never liked to begin with.

Experts predict that social media may be the next area of scrutiny for the self-regulatory organization.

Our legal expert answers your questions about providing disclosure of potential conflicts of interest.

The Managing Director and Chief Market Strategist for U.S. Trust discusses the Middle East and its impact on financial advisors.

One of the most interesting things to come out of this conversational thread about the regulators is the amount of fear advisors are expressing about speaking openly.

Robert M. Jaffe has been ordered to pay $1.1 million plus interest to Turbo Investors LLC

Regulators and small bank advocates seem to be losing the psychological battle over the Dodd-Frank Act, despite recent efforts to calm bankers.

A year into its existence, the size, knowledge and dedication of the SEC's special asset management enforcement unit is going to spell “trouble with a capital T’’ for fund managers of all stripes, according to experts at the final general session of the 2011 Investment Company Institute Mutual Funds and Investment Management Conference.

A FINRA panel has put Robert M. Jaffe, an embattled former broker who worked with Ponzi scheme mastermind Bernard Madoff, on the hook to pay $1.1 million in compensatory damages to Turbo Investors LLC.

Robert M. Jaffe has been ordered to pay $1.1 million plus interest to Turbo Investors LLC.

The Financial Planning Coalition has called on Congress to support the Securities and Exchange Commission in establishing a fiduciary standard of care for broker-dealers.

A FINRA arbitration panel has awarded former Merrill Lynch Co-President Ahmass L. Fakahany $1.2 million out of the more than $70 million in compensatory damages he sought from his former employer.

The basic roles and responsibilities of brokers, financial advisors and asset managers are in the early stages of what's sure to be a dramatic transition and the brokers and firms that are most adapt at adding new tools and technology will be the ones to prosper, according to a new report from Boston-based financial services consulting firm Financial Research Corp.

Ahmass L. Fakahany was awarded $1.2 million by a FINRA arbitration panel after he brought a claim seeking more than $70 million from his former employer.

Eileen Rominger, in her first appearance as the SEC's director of investment management division before a gathering of members of the mutual fund industry’s largest trade group, said that compliance with existing and forthcoming rules as well as robust regulation of these is essential to achieving and maintaining the trust and confidence of investors.

The establishment of a fiduciary standard that applies to how broker-dealers should care for their customers is not likely to come until after the one-year anniversary date of passage of the 2010 Dodd-Frank Wall Street Reform Act that required it.

PALM DESERT, Calif. -- The establishment of a fiduciary standard that applies to how broker-dealers should care for their customers is not likely to come until after the one-year anniversary date of passage of the 2010 Dodd-Frank Wall Street Reform Act that required it.