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.

Predictive data technologies may create “inherent conflicts” of interest related to the duty that investment advisors have to their clients, the SEC chair said.

Congress is not expected to have enough votes to override President Joe Biden's veto.

Regular internal reviews and technology can help firms avoid common pitfalls related to the rules’ disclosure and care obligation requirements.

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.

Su, 54, led California’s labor department before joining the Biden administration as deputy labor secretary.

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.

The newly released tool seeks to automate multiple compliance processes, including share class monitoring.