The CFPB warned student loan servicers against attempting to collect on private student loans that had been discharged in bankruptcy.
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FINRA proposed revisions to the content outline for Research Analyst exams (FINRA Series 86/87).
The CFPB highlighted findings from supervisory examinations completed between January 2022 and June 2022.
A brokerage firm settled FINRA charges for (i) publishing equity research reports that included inaccurate historical stock information and (ii) failure to accurately disclose its beneficial ownership in stocks as to which it published research, among other securities law violations.
SEC Director of Investment Management William Birdthistle cautioned broker-dealers that receive cash payments for research from European asset managers that they may be required to register as investment advisers when the SEC's MiFID II no-action letter expires in July 2023.