FINRA adopted new rules to "address brokers with a significant history of misconduct and the broker-dealers that employ them."
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21980 News Results
At its first meeting of the year, the FINRA Board of Governors approved the publication of a proposed rulemaking that would amend the "borrowing and lending rule."
The SEC Office of Investor Education and Advocacy cautioned investors against making special purpose acquisition company investments on the basis of a celebrity's involvement in the company.
The CFPB rescinded a "January 2020 Statement of Policy Regarding Prohibition on Abusive Acts or Practices" in supervision and enforcement.
At an Investor Advisory Committee meeting, SEC Commissioner Hester Peirce cautioned against "overly prescriptive" regulations intended to protect retail investors and "well-intentioned increased" regulatory obligations around special purpose acquisition companies.