FTC Loses Ruling For Non-Compete Agreements
Wealth management firms anticipating the need to eliminate non-compete agreements due to impending federal regulation can now feel reassured.
Recent
Wall Street Regulator Approves Tougher Rules For Accounting 'Negligence'
Wall Street's top regulator voted 3-2 to new rules making it easier for an audit watchdog to hold people responsible for audit firms' violations.
Brokers Are Assessed By How They Adhere To The Advisory Standard
When regulators assess a broker-dealer’s operations, they will scrutinize how the firm adheres to Regulation Best Interest the advisory standard.
Cadaret Grant Agrees To $6 Million Dollar Settlement
Cadaret Grant, an investment advisor and broker-dealer, has agreed to a $6M settlement to resolve SEC allegations of undisclosed compensation.
Pacific Financial Group Agrees To Settlement Over Revised Marketing Rule
The Securities and Exchange Commission (SEC) has penalized another registered investment advisor (RIA) under its revised marketing rule.
Robo-Advisors Have Encountered Significant Challenges Since Start-Up
Robo-advisors, once touted as the next big thing in investment management, have encountered significant challenges.
FINRA Faces Lawsuit Of Its Enforcement And Arbitration System
FINRA, the industry’s self-regulatory organization, faces a lawsuit challenging the constitutionality of its enforcement and arbitration system.
