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.
CFTC Commissioner Caroline D. Pham urged the agency to establish an "Office of the Retail Advocate" to promote the CFTC's engagement with the retail public and oversight of retail markets.
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.