Asset managers will soon have free rein to create leveraged and inverse exchange-traded funds under a recent proposal from the SEC that ends a 10-year moratorium on new issuers.

Lester W. Burroughs was running a Ponzi-like scheme, and could face up to 20 years in prison.

It looks like the DOL fiduciary rule will be brought back to life, but it will likely look very different.

Massachusetts Secretary of the Commonwealth William Galvin originally sought public comments on a proposed fiduciary standard in June as a response to the SEC’s passage of Regulation Best Interest.

The SEC will likely unveil a plan in the coming weeks for updating the accredited investor standard, a bedrock that lays out the criteria for investing in riskier -- and potentially more lucrative -- private funds, said two people familiar with...

Commissioners Jackson and Lee are at it again, urging commenters to help the agency strengthen a new proposal on the use of leveraged and inverse funds.

The duo's victims include a 77-year-old retiree who invested about $1.1 million.

The SEC commissioner was among the choir while singing the praises of the soon-to-be-implemented rule at the trade association's annual meeting in Washington, D.C.

At SIFMA's annual meeting, U.S. Sen. Tim Scott said there could be additional clarification on the opportunity zone regulations by the end of December.

Two commissioners argue that in market downturns, investors won’t get a fair price for their shares in nontransparent active ETFs.