Regulatory actions and programs

Those with the resources to sort through compliance thickets may be better positioned to take advantage of some long-awaited changes.

Analysts were permitted to adjust key stresses in the model used in determining commercial mortgage-backed securities ratings, according to the regulator.

The department says it is working “to determine how we might improve” the regulation.

Regulators and Washington policy makers are sure to up scrutiny once the dust settles on the market turmoil that has buffeted GameStop and others.

Letters sent to reps ask for extensive information on why they applied for a loan, how funds were received and used, and all compensation under the federal program.

Jacob Glick is accused of breach of fiduciary duty and misappropriating client funds, among other alleged misconduct.

“We look forward to our day in court and will not be bullied by the regulatory thugs at the SEC," the firm's co-founder says.

The revelation is buried in an SEC enforcement action that accused Robinhood of hiding for years how it made the bulk of its revenue.

The regulation permits more exemptions from fiduciary duties, but may itself be replaced by the incoming Biden administration.

With a new administration, the regulator has an opportunity to renew its focus on a key pillar of its mission.