Regulatory actions and programs

Those with the resources to sort through compliance thickets may be better positioned to take advantage of some long-awaited changes.

Analysts were permitted to adjust key stresses in the model used in determining commercial mortgage-backed securities ratings, according to the regulator.

The department says it is working “to determine how we might improve” the regulation.

Regulators and Washington policy makers are sure to up scrutiny once the dust settles on the market turmoil that has buffeted GameStop and others.

Letters sent to reps ask for extensive information on why they applied for a loan, how funds were received and used, and all compensation under the federal program.

Jacob Glick is accused of breach of fiduciary duty and misappropriating client funds, among other alleged misconduct.

“We look forward to our day in court and will not be bullied by the regulatory thugs at the SEC," the firm's co-founder says.

The revelation is buried in an SEC enforcement action that accused Robinhood of hiding for years how it made the bulk of its revenue.

The regulation permits more exemptions from fiduciary duties, but may itself be replaced by the incoming Biden administration.

With a new administration, the regulator has an opportunity to renew its focus on a key pillar of its mission.

Unclear — or no — disclosures were among a number of concerns regulatory officials expressed about initial examinations.

The former J.W. Cole advisor’s practice allegedly sold more than $40 million worth of unsuitable and unregistered promissory notes.

The regulator would generate an additional $225 million per year from the fee increases.

Insiders see a Democratic administration backing tightened investor protections as industry advocates look to tax legislation.

The Justice Department filed two counts of wire fraud against the firm but agreed to defer prosecution under a three-year deal that requires the bank to report its remediation and compliance efforts to the government.

The Labor Department’s short comment period is one reason to get up to speed, fast.

The board is “decisively moving away” from allowing advisors to self-disclose, CEO Kevin Keller says.

It’s the regulator’s largest restitution order this year.

The change is one of several made to the board’s disciplinary reporting process following a report by an independent task force that found “systemic, long-standing, governance-level weaknesses.”

Given that I must disclose on my Form ADV that we accepted the aid, I had to ask myself difficult questions about possibly over-zealous regulatory scrutiny as well as my firm's reputation, this advisor writes.