An investment adviser settled SEC charges for failing to timely pay back certain expenses through management fee offsets as well as related failures to disclose its practices to investors.
A brokerage firm settled SEC charges for supervisory failures related to a registered representative's misappropriation of an elderly client's funds.
An aircraft industry company settled charges for making material misleading statements to the public regarding a recently developed airplane model's safety.
A broker-dealer settled FINRA charges for failing to adequately supervise the outside business activities of its registered representatives.
FINRA proposed amendments to its rules on clearly erroneous transactions in exchange listed securities to make a pilot program permanent and "limit the circumstances where clearly erroneous review would continue to be available during regular trading hours."