SEC Commissioner Hester Peirce offered recommendations to shift the agency's focus from enforcement to compliance.

An introducing broker and a broker-dealer settled FINRA charges for share-class recommendations that resulted in their clients paying excess fees on their investments.

NFA permanently banned from membership a CPO/CTA for failing to produce books and records for two of the CPO/CTA's principals and its majority owner.

SEC Division of Enforcement Co-Director Stephanie Avakian described measures taken by the Division to protect retail investors and address share class disclosure issues.

At an Investor Advisory Committee meeting, SEC Chair Jay Clayton highlighted issues concerning (i) environmental, social and governance data, (ii) harmonizing securities offering exemptions and (iii) protections for retail investors.