Regulation and Compliance issues for Wealth Professionals can be challenging to navigate especially when the SEC is involved. Catch the latest news and analysis on compliance updates that impact financial advisors.
The chair of the Securities and Exchange Commission said the new Form CRS could be a substantial tool for state enforcers, during a discussion at Fordham University School of Law.
The sentencing of Jay B. Ledford comes several weeks after his co-conspirator was sentenced to 22 years in prison, with both also ordered to recoup victims' losses.
According to Secretary of the Commonwealth William Galvin, the broker made an excessive number of trades in order to boost commission fees while blaming account rebalancing and market performance.
The regulatory agency charged BNP Paribas Securities and BNP Paribas Prime Brokerage for failing to put policies in place that would catch suspicious transactions of penny stock securities, according to an action released today.
'My career in the industry has been effectively ruined,' said Ami Forte, accused of churning the accounts of Roy Speer, co-founder of the Home Shopping Network.
The third-annual report from the regulatory agency cited common violations at FINRA firms, as well as typical tendencies that could potentially escalate into violations.
A new report by the arbitration attorneys’ group points to continued abuses of FINRA’s expungement process; the group calls for an independent investigation into the latest issues.
Less than a year after Foreside acquired NCS Regulatory Compliance, the firm is buying another compliance consulting firm, Compliance Advisory Services.
