Firms make token effort to raise standards, cling to suitability, NASAA finds
Firm failed to reveal conflicted fee payments, regulator charged
New rules aim to improve transparency, investor protection in private fund market
Nomura Securities agrees to trading misconduct penalties in non-prosecution agreement
Policymakers seek to ensure CCP readiness to handle loss events
Proposal would allow enforcement money to be used for IT projects and new innovation office
Key issue of whether trailer payments were improper to be decided before determining which investors are entitled to damages
Offshore stock trades came alongside previously-sanctioned options trades
Regulator issues proposed guidance for public comment until Aug. 25
Major reforms unlikely after review finds funds resilient to market stress