Most Recent Blog Posts

Sep 14, 2015

FINRA Seeks to Narrow Reporting Gap

FINRA wants to reduce the wait time to publish advisor terminations or investigations to its BrokerCheck system....More
Sep 02, 2015

Buyer Beware: WhatsApp Used in Recent Scam

Regulator warns stock recommendations sent through the popular WhatsApp messaging app are likely part of a recent pump-and-dump scam....More
Aug 04, 2015

FSI Seeks More Clarity on FINRA BrokerCheck Rule

Broker/dealer industry group the Financial Services Institute says the Financial Industry Regulatory Authority’s initiative to have firms link to....More
Jul 08, 2015

FSI Taking the Fiduciary Fight to Consumers

With advisors actively mobilized on the Department of Labor’s fiduciary proposal, the Financial Services Institute is now turning its sights to....More
Jul 02, 2015

Barred Broker Facing Fraud Charges for Alleged Ponzi Scheme1

A broker previously barred from the industry is now facing additional federal civil and criminal fraud charges for an alleged $15.5 million scheme....More
Jun 16, 2015

Fiduciary Fight Heats Up on Hill

Opposition to the White House-backed to the proposed definition of a fiduciary financial advisors continues to grow on Capitol Hill....More
Jun 15, 2015

Cost of Litigation for Firms Totals $178B Since Crisis

The cost of complying with regulations is skyrocketing. Banks and financial institutions in the U.S. and Europe have paid out $178 billion in....More
Jun 04, 2015

The 'Game Has Changed': Candid Comments on the Reality of DOL Fiduciary Fight

The financial services industry needs to accept the reality of the Department of Labor's fiduciary proposal and move onto figuring out how to....More
Jun 04, 2015

SEC Warns Investors About Advisors Boasting Fake Credentials

The SEC released a new warning to investors after two new cases of advisors faking credentials to gain investors' trust....More
Jun 03, 2015

SIFMA: DOL Fiduciary Proposal “Unworkable”

SIFMA reiterated its opposition to the Department of Labor’s fiduciary proposal on Wednesday, calling the proposed restrictions “unworkable.”....More
May 28, 2015

FINRA Checking Up on Advisors' Lifestyles

If your paycheck is wildly out of whack with your lifestyle, your firm’s compliance department and regulators may come knocking....More
May 28, 2015

Next Regulators Will Be Asking to See Text Messages

Examiners regularly ask to see email and website records, but that's about to change. Smarsh's CEO predicts in just a few years, reviews of text....More
May 21, 2015

Casady: Better DOL Rule Needs Only 'A Couple' Of Improvements

The head of LPL Financial praised the Department of Labor’s changes in its re-proposed fiduciary rule aimed at financial advisors, saying “just a....More
May 15, 2015

The Blotter Report: Fraudsters Sidelined

A former Utah broker is in trouble...again, while trial continues against a former advisor and his wingman accused of bilking NHL players out of....More
May 06, 2015

AdvisorHUB Founder Admits Tax Fraud

Head of AdvisorHUB, a popular website featuring recruitment deal information and industry rumors, recently pled guilty to tax fraud....More
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Compliance, regulatory and legal issues, with a fair amount of cops and robbers for fun.

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