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Manhattan Jury Finds Brokerage Firm and Two of Its Executives Liable...

Jurors in Manhattan federal court returned a verdict in the Securities and Exchange Commission’s favor against a brokerage firm and two of its executives. The...

Secretary Acosta Says DOL Will Release New Fiduciary Rule in Conjunction...

Labor Secretary Alexander Acosta told the House Education and Labor Committee on Wednesday that the Department of Labor is planning to revive its fiduciary...

SEC Charges San Diego-Based Investment Adviser with Running $7 Million Ponzi...

The Securities and Exchange Commission charged Christopher D. Dougherty and several entities he controlled with operating a Ponzi scheme that defrauded his investment advisory...

SEC Charges Brokerage Assistant with Stealing Funds from Elderly Clients

The Securities and Exchange Commission has charged Kimberly Sredich, a former sales assistant at Worklife Wealth Management Inc., with misappropriating approximately $340,000 from the...

SEC and FINRA Schedule National Compliance Outreach Program for Broker-Dealers

The Securities and Exchange Commission and the Financial Industry Regulatory Authority have opened registration for their 2019 National Compliance Outreach Program for broker-dealers, which...

New Jersey Proposes Fiduciary Rule

The New Jersey Bureau of Securities has proposed a new fiduciary regulation that requires all registered financial services professionals in the state to be...

SEC Charges Former Directors of Woodbridge Ponzi Scheme with Fraud

The Securities and Exchange Commission has charged two former directors of investments at Woodbridge Group of Companies LLC for their roles in its $1.2...

SEC Charges Investment Adviser with Stealing Millions from Private Fund

The Securities and Exchange Commission has revoked the registration of a Seattle-based registered investment adviser and barred its principal from the securities industry for...

SEC Bars Former Questar Rep Serving Time for 15-Year Ponzi Scheme

The Securities and Exchange Commission has barred a former Questar Capital registered representative currently serving 11 years in prison for his role in perpetrating...

SEC Charges Private Placement Sponsor with Overcharging Fees in Alleged Multi-Year...

The Securities and Exchange Commission has charged registered investment adviser Direct Lending Investments LLC with a multi-year fraud that resulted in approximately $11 million...