Finra is probing how brokerages use TikTok, Twitter, Instagram, Facebook and other social media platforms to land new customers. In an examination sweep launched this month, the Financial Industry Regulatory Authority Inc. will assess how firms utilize online “influencers” to ...

Securities and Exchange Commission Chairman Gary Gensler on Tuesday defended the agency’s efforts to expand environmental, social and governance disclosures against charges from Republican lawmakers that the agency is pursuing a social policy agenda. In his first appearance before the ...

The Securities and Exchange Commission is continuing to penalize broker-dealers and related registered investment advisers over a lack of full disclosure about conflicts related to fund sales. Last week it reached a settlement with MML Investors Services for $2.1 million ...

Securities and Exchange Commission Chair Gary Gensler just put the cryptocurrency industry on notice of how far the regulator will to go to tame a market he’s labeled the wild west of finance.  In threatening to sue Coinbase Global Inc. ...

U.S. regulators have long said they’re dubious about the green and socially conscious labels that Wall Street applies to $35 trillion in so-called sustainable assets. Now the watchdogs are hunting for proof that they’re right. For several months, Securities and ...

The Securities and Exchange Commission is considering more stringent disclosure requirements for investment funds amid concerns that some in the industry are making unfounded ESG claims. “Many funds these days brand themselves as ‘green,‘ ‘sustainable,‘ ‘low-carbon,’ and so on,” SEC ...

Pressure is increasing on managers of ESG-labeled investment funds to show they’re being truthful with customers about what they’re selling. The heat was really turned up last week when the Securities and Exchange Commission and BaFin, Germany’s financial regulator, initiated a probe ...

The Securities and Exchange Commission has charged Tellone Management Group, an Anaheim Hills, California-based registered investment adviser, and its president Dean Tellone with fraud and breach of fiduciary duty in connection with a scheme to hide information from investors in ...

A former top executive at Wells Fargo & Co. at the center of the bank’s fake accounts scandal is asserting her constitutional right against self-incrimination to push back against claims by the Securities Exchange Commission that she misled investors.  Carrie ...

Deutsche Bank’s asset manager DWS Group hit back at claims that it overstated the amount of assets that comply with sustainability criteria after the news of probes by U.S. and German authorities into the allegations sent the shares plunging. “DWS ...