System "often failed" to correctly identify and implement purchase limits on Class C shares when lower cost A shares available
'Uneven field,' Chairman says, but stops short of calling for ban of payment-for-order flow
System changes triggered a programming defect in BIDS trade advertising software
The AML threat landscape continues to evolve along with rules and regulations
Case is the first ever enforcement action under Investment Company Act section 11
The settlement with Aaron Capital represents one of the first Form CRS cases originated by FINRA
B-D implemented trading halts on meme stocks only to tout to the public that it refused to do so
Enforcement is sending a "loud and clear message" to other registrants that AML obligations are sacrosanct
The SEC alleges that the defendants raised $410 million via the scheme from more than 2,200 investor
Association agrees amendments can reduce the credit, market and liquidity risks in securities transactions