The new advertisement begins running today and comes several months after the Board announced a change to grant the organization more flexibility in its marketing.
The Investment Adviser Association, the trade group for RIAs, said it appreciated the additional time and was worried about the 'interrelatedness of the SEC's current proposals.' The commission also proposed updates...
During a panel at the IAA's Investment Adviser Compliance Conference, one CCO worried the demand included in the SEC’s proposed cyber rule didn’t give firms enough time to determine what happened.
Webull Financial settled charges with the regulator, who argued the firm didn’t adequately screen customers for approval when they applied for options trading.
Law firm Eversheds Sutherland attributed the drop in fines to a massive penalty against Robinhood in 2021 and said they expected many Reg BI–related cases in the coming years.
The commission charged Kevin Kane and Sean Michael Kane for defrauding clients after they were fired from Waddell & Reed by telling them they left voluntarily.
The regulator’s update to its targeted sweep of firms’ dealings with social media influencers offered suggestions that may be difficult for broker/dealers to fulfill, according to one securities attorney.
Financial advisor John Poulos was fired from Vanguard and stripped of his CFP designation after being arrested for a homicide near Bogota, Colombia. He was caught in Panama on his way to Turkey, according to reports.
Keith Glenfield will take over Hans’ previous position as head of the firm’s Northeast division, while Nancy Fahmy will oversee Glenfield’s Investment Solutions division while also continuing her role heading...