FINRA has a plan for cracking down on what it sees as a growing problem with churning: Change the rules of the game to make ...
If you’re going to take your marketing advice from a chiropractor, you could expect to feel a pinch. Three investment advisers and Leonard Schwartz, ...
The Advisers Act’s pay-to-play rule clearly states that a violation of the rule prohibits an adviser from receiving compensation from a public pension plan for ...
Aegis Capital’s written supervisory procedures were clear: The firm’s anti-money laundering compliance officer was responsible for filing suspicious activity reports on behalf of the dual ...
The same week that the Supreme Court dealt a blow to the SEC’s ALJ system, lawyers filed a challenge over whether the agency has the ...
It is an oft-repeated refrain at industry conferences and in regulators’ speeches: fees and expenses of private equity fund advisers are a definite focus area ...
Even as one firm challenges the SEC’s right to enforce Bank Safety Act violations (see related story), the Commission has filed a federal lawsuit in ...
As a financial planner with 40 years in the business, Ray Lucia believed he was on track for his own comfortable retirement as he hit ...
New customer due diligence rules became effective May 11, and by all accounts, the industry is still standing (BD Watch, April 26, 2018). But are ...
Dodd-Frank gave the SEC supervision over security-based swaps and the CFTC over other swaps. Now the two agencies have agreed to work together to coordinate ...