But global penalties overall are trending down so far this year, including in the U.S.

The arbitration attorney group argues that FINRA’s new proposals regulating outside business activities will leave investors more at risk of scams.

Vigilance and maintaining a slightly circumspect posture, especially when things seem off, are key to avoiding mistakes.

The marketplace lender’s asset management division must pay over $4.2 million; its co-founder and former CEO is barred from the industry.

Representative Stephen Lynch says it’s a weak standard, one that leaves a gap between what was proposed and what was mandated in Section 913 of Dodd-Frank.

The SEC order also exposes a weakness in Voya’s independent advisor force.

The Colorado advisor entered a consent order with state regulators after putting client money into an unlicensed Blockchain investment fund.

States are cracking down on firms’ cybersecurity practices, after finding 590 deficiencies during exams last year.

For more than 25 years as an RIA, I’ve witnessed first-hand how being required to meet the “best interest standard” benefits clients. Broker/dealer clients deserve the same safeguards.

Biotech billionaire Phillip Frost steps down as chairman in the wake of recent SEC allegations. CEO Richard Lampen steps in.