Social media platforms like TikTok have transformed into vital sources of financial information, particularly for millennials and Gen Zs, with nearly 80% of these demographics seeking advice...
The Securities and Exchange Commission (SEC) has announced charges against investment firm Merrill Lynch, Pierce, Fenner & Smith and its parent company BAC North America Holding Co. The charges,...
Already low, financial literacy in America is on the decline, with many people unable to understand concepts such as inflation or compound interest. That’s according...
The Financial Industry Regulatory Authority (FINRA), a Wall Street regulator, has issued new guidance for broker-dealers on the penalties they could face for violating anti-money...
One of the agencies tasked with monitoring the behavior of stockbrokers and other Wall Street professionals is trying to capitalize on the sudden unemployment of...
Securities and Exchange Commission (SEC) Chair Gary Gensler on Monday (May 16) told an audience during the 2022 FINRA annual conference that until there is...
The Financial Industry Regulatory Authority has said it’ll only take actions against chief compliance officers who don’t carry out specific supervisory responsibilities designated by the...
Robinhood and CEO Vlad Tenev are under investigation after it was found out Tenev isn’t licensed by Wall Street regulator the Financial Industry Regulatory Authority...
Robinhood Financial LLC was hit with a record $57 million fine and also ordered to pay $12.6 million in restitution plus interest, according to a...