Regulatory actions and programs

From BlackRock CEO Larry Fink to author Michael Lewis, here are the most thought-provoking remarks made at the asset manager's annual conference.

The Labor Department's own rule-making process may be presenting hurdles to completely rescinding the regulation.

The rep argued that the money she received was not a loan but rather the proceeds from the sale of her tractor to the customer.

The broker’s written promise of 7% returns on a variable annuity made for a simple case, the lawyer for the claimant says.

On the heels of a record-breaking year in enforcement, the regulator takes aim at cybersecurity, anti-money laundering policies and protection for senior clients.

The rep declined to provide the regulator with documents it needed to investigate allegations that she converted $13,000 for personal use.

The adviser allowed her disabled sister to die of untreated bedsores, according to the D.A. It’s the first known such case involving a CFP, says the CFP Board.

The firm won a rejection of her $1 million claim, promissory note damages, legal fees and interest.

The rep was suspended for 15 months and fined $15,000 for engaging in the purported scheme and accepting a $50,000 cash gift from a customer, FINRA claimed.

One brokerage executive likens the situation to changing the rules of a football game after the teams are already on the field.