A new program to help increase the number of women in the financial planning industry was announced by the CFP Board Center for Financial Planning. The CFP Board said it will launch an endowed scholarship to mark the 10th anniversary of its Women’s Initiative (WIN):...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: April 2023
Brazilian mining company to pay $56M to settle SEC charges involving dam safety
A Brazilian mining company has agreed to pay nearly $56 million to settle charges related to disclosures over the safety of its dams, the Securities and Exchange Commission announced. The SEC said it had reached the settlement in the case involving Vale S.A., a...
FINRA revises plan regarding home office supervisory locations
The Financial Industry Regulatory Authority has revised its plan involving the use of home offices as non-branch locations, according to ThinkAdvisor. FINRA refiled the amended plan with the Securities and Exchange Commission. It involves proposed changes to FINRA...
FINRA fines Goldman Sachs $3M over mistakes in marking stock orders
The Financial Industry Regulatory Authority has fined Goldman Sachs over its mistakes in marking millions of stock orders, reports Financial Advisor. FINRA levied a fine of $3 million and censured the New York-based firm for the errors that involved about 60 million...
SEC proposes rule to require broker-dealers to submit forms electronically
The Securities and Exchange Commission is taking the latest step to modernize its information collection system by proposing a rule involving electronic filing, ThinkAdvisor reports. Under the rule, broker-dealers and other registrants would be required to submit...