FINRA urges brokerage firms to develop procedures catching AI hallucinations and bias in new 2026 regulatory oversight report ...

In the future, will people have relationships with their financial advisors or with the advisors’ broker-dealers, custodians and other affiliated businesses? It’s an uncomfortable question. Clients ...

Osaic firm Securities America settles FINRA charges for $3M after failing to supervise mutual fund recommendations that cost ...

It has been approximately one (1) month since the Financial Industry Regulatory Authority (FINRA) has launched a targeted review of ...

Montana investors will receive more than $160,000 in restitution after several national brokerage firms agreed to settlements ...

Fund sponsors often engage investment banking or placement firms to help raise capital or generate deal flow for their funds. In exchange, the sponsor may offer a cash fee, a piece of the sponsor’s ...

A proposal by New Jersey's state labor department to institute new rules to protect gig workers has sparked a major backlash from the industry, with a policy expert at one of the broker-dealer ...

Yet another insurance company has decided to ditch the independent-contractor broker-dealer business, citing as a factor pressures from regulators when a firm sells proprietary products. Steven ...

As of 2024, the number of Commission-registered broker-dealers has declined by nearly 30% from 4,758 in 2010 to 3,341, signaling significant industry consolidation, according to a new report by the ...

Foreign financial institutions face complex and often unexpected US registration requirements when conducting securities activities involving US persons, and failure ...

In this panel from the annual “Securities Enforcement Forum West” event, securities law experts and SEC officials discuss how financial firms, including asset managers, broker dealers, and hedge funds ...

There’s a concept in evolution called “punctuated equilibrium,” when long periods of stability and slow change are interrupted by cataclysms such as rising sea levels or mass extinction events that ...