Tag: regulatory
SEC Charges Former Transamerica Broker with Defrauding Retail Investors
The Securities and Exchange Commission has charged Scott Allen Fries, a former Ohio-based registered representative and investment adviser representative, with allegedly defrauding at least...
Guest Contributor: Securities, Retirement and Tax Policy Update – The 2020...
By: Anya Coverman, Senior Vice President of Government Affairs and General Counsel at the Institute for Portfolio Alternatives
Since last year, the Securities and Exchange...
FINRA to Temporarily Allow OHO and NAC Hearings by Video Conference
The Financial Industry Regulatory Authority Inc. has filed a proposed rule change with the Securities and Exchange Commission to temporarily allow FINRA’s office of...
SEC Expands Definition of Accredited Investor
The Securities and Exchange Commission has expanded the definition of accredited investor, one of the principal tests for determining who is eligible to participate...
FINRA Bars Former Guggenheim Broker for Stealing Investment Funds from Relative
The Financial Industry Regulatory Authority has barred former broker Andrew M. Arthur for allegedly converting $275,000 given to him by a relative for a...
SEC Charges Former Morgan Stanley Advisor with Fraud
The Securities and Exchange Commission has charged former registered representative and investment adviser Michael Barry Carter with fraud for allegedly stealing from brokerage customers...
Kestra Financial Names Former eMoney Exec as President
Kestra Financial Inc., a wealth management platform for independent financial professionals, has hired Stephen Langlois as president to oversee the Kestra-branded broker-dealer and registered...
State Regulators Propose Establishing Restitution Fund for Victims of Securities Law...
The board of North American Securities Administrators Association (NASAA) is seeking public comment on a proposal that would assist states in creating a restitution...
XY Planning Network Considers Further Legal Challenges to SEC’s Regulation Best...
On Friday, the Second Circuit Court of Appeals rejected a lawsuit challenging the Securities and Exchange Commission’s Regulation Best Interest, which goes into effect...
SEC Bars Former LPL Advisor Over Fake African Charity
The Securities and Exchange Commission has barred former LPL Financial broker Dain Stokes, who was terminated by the broker-dealer last August after the New...
