The Securities and Exchange Commission (“SEC”) recently announced that it voted to adopt a new rule and form amendments designed to “modernize” the regulation of exchange-traded funds (“ETFs”). The SEC also specified that it will issue an exemptive order that further harmonizes related relief for broker-dealers.
The Securities and Exchange Commission (“SEC”) recently eased regulatory constraints for exchange-traded funds (“ETFs”) that the industry long complained about, due to with the wait and the cost of getting SEC to sign off on new funds.
Market corrections have typically occurred at least once a decade. This is significant because although we have had a bull market for several years now, this trend will likely not last much longer.
The Securities and Exchange Commission has issued penalties against 13 investment advisory firms found to have violated securities laws by spreading false claims.
FINRA has accused World Equity Group, an Illinois based brokerage firm, of failing to supervise the sale of non-traditional Exchange Traded Funds (ETFs), failing to properly document due diligence performed on private placements.
First American Securities, Inc., an Ohio-based brokerage firm, was fined by FINRA for failing to implement, maintain and enforce a proper supervisory system.
