Paul Greenwood ripped off university foundations, charities and other investors to the tune of $554 million.
Some foreign asset managers, including Bridgewater Associates, have already set up units in China.
Fund CEO Andrew Law signed a letter from business leaders backing Britain's EU membership.
The proposed rule would require investment advisors to put in place business continuity and transition plans.
Sam Wyly, now 81, appeared on Forbes magazine's list of the 400 richest Americans as recently as 2010.
As Silicon Valley valuations founder, interest in startups with an impact bent grows.
U.S. municipal bond yields blew through previous record lows on Friday as investors sought safety after Brexit vote.
The S&P 500 financial sector posted its largest percentage decline since November 2011.
The SEC and Finra each fined the Bank of America unit for disclosure failures on the sale of debt notes.
Dayo Mustapha used the hijacked accounts to buy more than $5 million of mostly little-known stocks, the SEC says.
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