Regulatory
Chair Of House Committee Supporting FINRA As Regulator Of RIAs Faces Insider Trading Probe
The head of the House financial services committee, Spencer Bachus of Alabama, is under investigation for possibly violating insider trading laws.
FINRA Goes After "No Class Action" Waivers, Starting With Schwab
Brokerage account paperwork has become notorious for asking clients to sign away their legal rights if anything goes wrong. Schwab seems to have taken that policy one step too far for the regulators.
Religious-Themed Ponzi Schemes Still Preying On Investors
Investment scams often target religious communities, with Hasidic Jews and Amish congregations being taken in over the last year. The latest wave to come to the surface has bilked Mormons and Protestant believers out of $17 million.
No Supreme Court Ruling On Claims The NASD Lied To Create FINRA
The Supreme Court will not be hearing a broker-dealer's arguments that the NASD lied to member firms to get them to agree to the creation of FINRA.
FINRA Foes Look To The Supreme Court To Lay Down The SRO Law
Think tanks and at least one brokerage firm have raised their eyebrows at how FINRA was created back in 2006, and now they want the Supreme Court to take a stand as well.
More Articles ...
- Insurance Broker Aon Pays $16 Million To Settle Charges That It Bribed Prospects To Sign Up
- Willie Gault Under Fire: Another Sports Pro Feels The Pain Of SEC Scrutiny
- Congress Scrapes Up Another $136 Million For The SEC, But Will That Ease The Regulatory Crunch?
- New SEC Commissioner Already Eager To Drag His Feet
