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 SEC's guidance comes weeks after news reports indicating that many firms were failing to properly disclose prior issues and stresses that firms cannot omit the disciplinary section, regardless of the answer they give.
The proposed rule would enable individuals to solicit accredited investors on behalf of issuers. Supporters say it can help small businesses raise capital. Critics worry it will lead unprepared investors into less transparent markets.
According to the SEC complaint, the famous computer programmer failed to disclose that he was being compensated for touting certain offerings to his hundreds of thousands of Twitter followers.
Panelists in a discussion during an awards presentation for Prof. Ronald Rhoades discussed Reg BI's future under a Trump or a Biden administration, as well as whether FINRA should be disbanded.
Over eight years, 15 traders at the biggest U.S. bank caused losses of more than $300 million to other participants in precious metals and Treasury markets, according to court filings on Tuesday.
Roger Nils-Jonas Karlsson was extradited to the United States from Thailand last year by the Department of Justice and is accused of targeting thousands of investors with a phony investment offering.