SEC Names New Enforcement Director
By Melanie WaddellDavid Woodcock, currently a partner at Gibson, Dunn & Crutcher, will start his new SEC post on May 4.
April 08, 2026
Rep Violated Reg BI With Structured Note Sales to Retirees: FINRANeither client of Frederick Hohensee had prior experience with the complex investment products, an order states.
April 08, 2026
Ex-Northwestern Mutual Advisor Gets 5 Years in Prison for Stealing $8.6M From ClientsJohn Jay Kersey, who prosecutors say conducted a 20-year Ponzi scheme, was also ordered to pay restitution.
April 08, 2026
SEC Fines Surge on Biden Enforcements Now Shifting Under TrumpSEC fines and investor relief doubled to $17.9 billion in the 2025 fiscal year, the agency said.
April 08, 2026
Morgan Stanley Debuts Bitcoin ETF as Price Slump Rattles HoldersIt joins 10-plus spot-Bitcoin ETFs that launched over the past two years and collectively command over $85 billion in assets.
April 07, 2026
Heirs Beware: 42% Spend Inheritance Within a Year, Study FindsNet worth had retreated to pre-inheritance levels, or lower, at the 365-day mark.
April 07, 2026
Ex-Raymond James Rep in Hot Water Over Account Conversions: FINRAPaul Snow switched 13 advisory accounts to brokerage accounts and made trades without disclosing material facts, an order states.
April 07, 2026
Hightower Acquiring $3.2B Lexington WealthThe group being bought employs 25 professionals, including 16 advisors.