Tag: regulatory
Biden to Name MIT Professor and Former CFTC Chairman to Head...
President-elect Joe Biden is expected to name MIT professor Gary Gensler as chair of the Securities and Exchange Commission, according to a Reuters report...
SEC Obtains Asset Freeze Against California Couple to Stop Alleged Investment...
The Securities and Exchange Commission has obtained an emergency court order freezing assets of a San Juan Capistrano, California-based company and its founder, who...
SEC Charges Utah Company, its Principals, and Two Recidivists with Securities...
The Securities and Exchange Commission has settled charges against a Utah corporation, its principals, and two securities fraud recidivists for allegedly orchestrating two inter-related...
SEC Obtains Judgment Against Adviser Who Stole Millions from Clients
The Securities and Exchange Commission has obtained a final judgment against former Morgan Stanley Smith Barney broker, Barry F. Connell, who was previously charged...
FINRA Fines LPL $6.5 Million for “Supervisory Deficiencies”
The Financial Industry Regulatory Authority has issued a $6.5 million fine against LPL Financial, the nation’s largest independent broker-dealer, for failing to establish and...
SEC Charges New York Man with Defrauding Police and Firefighters in...
The Securities and Exchange Commission has charged Gregory Altieri of Melville, New York with allegedly operating a Ponzi-like scheme that defrauded current and retired...
FINRA Fines and Suspends Former Broker for Falsifying and Forging Business...
The Financial Industry Regulatory Authority has fined and suspended Jaime Sanchez Rivera, a former broker at First Southern Securities LLC and its affiliate First...
Transamerica to Pay $8.8 Million to Settle FINRA Charges
The Financial Industry Regulatory Authority has ordered Transamerica Financial Advisors Inc. to pay a $4.4 million fine, plus nearly $4.4 million in restitution after...
Voya to Pay $23 Million to Settle SEC Charges
The Securities and Exchange Commission has ordered Voya Financial Advisors to pay nearly $23 million to settle charges that it breached its fiduciary duties...
SEC Adopts Modernized Marketing Rule for RIAs
The Securities and Exchange Commission has finalized reforms under the Investment Advisers Act to modernize rules that govern investment adviser advertisements and payments to...
