Regulation

The rep reeled in at least a dozen victims to the complex scam even though he was suspended from the industry for a different case, according to investigators.

The regulator will be stepping up scrutiny of advisors on this issue and others, including ESG and cybersecurity.

While the quant firm will miss becoming the first to flip mutual funds to ETFs, its nearly $26 billion conversion will by far be the biggest.

Those with the resources to sort through compliance thickets may be better positioned to take advantage of some long-awaited changes.

Much of the confirmation hearing revolved around trading January spikes in GameStop and other stocks.

The exchange operator’s planned regulations are currently too narrow and should be amended, two groups wrote in comment letters to the SEC.

Senators will likely push Gary Gensler, tapped to lead the SEC, for his views on the recent market mania that roiled shares of GameStop and other stocks last month.

Naked short selling is one possible cause.

He allegedly used the money to pay gambling debts and credit card bills, according to federal prosecutors.

Analysts were permitted to adjust key stresses in the model used in determining commercial mortgage-backed securities ratings, according to the regulator.