New York’s top law enforcement office is looking into “brokerage execution quality” at Robinhood.

In all, the CFTC announced penalties of $260 million, while the SEC said that firms had agreed to pay it $289 million. 

A spot-Bitcoin ETF does not currently exist in the US and regulators have, in the past, been loath to approve one.

"Just say less" is becoming the new approach of private fund managers.

Massachusetts Secretary of the Commonwealth William Galvin sent inquiry letters to Morgan Stanley, JP Morgan Chase and E*Trade, among others, asking about their supervisory policies and procedures for artificial intelligence.

In a new risk alert, SEC examiners stressed that firms have appropriate staffing to comply with AML regulations, especially after the wave of sanctions following Russia’s invasion of Ukraine.

John Woods already pleaded guilty to federal charges that he raised more than $110 million in a Ponzi scheme. Plaintiffs in a suit against Oppenheimer & Co. claim the firm failed to protect his clients.

According to the commission, Clarice Saw liquidated the securities of her 87-year old client without his knowledge when he was hospitalized.

Adam and Daniel Kaplan were charged with wire and investment fraud and money laundering for misappropriating at least $5 million from dozens of clients, many of whom were elderly or disabled.

The SEC approved a plan on Wednesday to root out what Chair Gary Gensler has said are conflicts of interest that can arise when financial firms use artificial intelligence.