In a not-totally-unexpected move, the SEC is targeting advisers that may have placed clients in higher fee mutual fund share classes yet elected not to ...
If your CPO firm is dually-registered with the CFTC and the SEC, the new “guidance” from the National Futures Association will seem like old hat. ...
Thinking about hiring a FINRA employee? You might want to think again. The SRO is tightening conflict of interest rules for ex-officers and other ...
The SEC was crystal clear in its 2018 priorities letter and the pronouncement will likely appear yet again in next year’s iteration: “the proper disclosure ...
Deborah Lamb sat parked in her car, waiting her turn in line at a drive-through coffee kiosk when it struck. “I thought my car was ...
Better late than never. Three years after the SEC amended its privacy rules eliminating the requirement to send customers an annual notice if nothing has ...
Steven Zoernack’s first conviction for a financial crime came in 1999. His second followed eight years later when he pleaded guilty to ripping off investors, ...
Allowing customers to work with third-party investment advisers can make sense under the right circumstances. The practice can be a kind of customer service in ...
The latest final rule from the CFTC takes effect next month and makes clear that certain legacy uncleared swap deals aren’t subject to the Commission’s ...
It wasn’t the first time the client had asked that his adviser transfer a couple hundred thousand dollars from his account to a third party. ...