Regulation & Compliance http://wealthmanagement.com/taxonomy/term/6625/more en Prudential Fined for Authorizing Fraudulent Annuity Withdrawals http://wealthmanagement.com/legal/prudential-fined-authorizing-fraudulent-annuity-withdrawals <div class="node-body article-body">The Financial Industry Regulatory Authority fined Prudential Annuities Distributors $950,000 on Tuesday for failing to prevent the fraudulent withdrawal of nearly $1.3 million from an elderly annuity holder's account by her financial officer.</div> <p><a href="http://wealthmanagement.com/legal/prudential-fined-authorizing-fraudulent-annuity-withdrawals" target="_blank">read more</a></p> http://wealthmanagement.com/legal/prudential-fined-authorizing-fraudulent-annuity-withdrawals#comments Legal Regulation & Compliance Tue, 19 Jul 2016 17:20:00 +0000 1241451 at http://wealthmanagement.com Copyright Scott Olson, Getty Images DOL Rule: An Opportunity to Reemphasize Value, Build Long-Term Success http://wealthmanagement.com/business-planning/dol-rule-opportunity-reemphasize-value-build-long-term-success <div class="node-body article-body">The DOL rule presents several opportunities for advisors to reassert their value, while simultaneously improving firm efficiency and revenue.</div> <p><a href="http://wealthmanagement.com/business-planning/dol-rule-opportunity-reemphasize-value-build-long-term-success" target="_blank">read more</a></p> http://wealthmanagement.com/business-planning/dol-rule-opportunity-reemphasize-value-build-long-term-success#comments Business Planning Client Relations Regulation & Compliance Practice Management Mon, 18 Jul 2016 17:12:00 +0000 1240221 at http://wealthmanagement.com Copyright Alex Wong, Getty Images FINRA Board Approves Filing on U.S. Bond Data Plan http://wealthmanagement.com/industry/finra-board-approves-filing-us-bond-data-plan <div class="node-body article-body">The Financial Industry Regulatory Authority said on Friday its board has authorized the Wall Street-funded watchdog to file a proposed amendment with regulators requiring that member firms report U.S. government securities trades.</div> <p><a href="http://wealthmanagement.com/industry/finra-board-approves-filing-us-bond-data-plan" target="_blank">read more</a></p> http://wealthmanagement.com/industry/finra-board-approves-filing-us-bond-data-plan#comments News Industry Fixed Income Regulation & Compliance Mon, 18 Jul 2016 12:49:00 +0000 1238701 at http://wealthmanagement.com Bond Data Dump Puts Wall Street in a Transparency Trap http://wealthmanagement.com/fixed-income/bond-data-dump-puts-wall-street-transparency-trap <div class="field-byline"> Lisa Abramowicz </div> <div class="node-body article-body">When it comes to trading bonds for big dealers, too much information can be a bad thing. </div> <p><a href="http://wealthmanagement.com/fixed-income/bond-data-dump-puts-wall-street-transparency-trap" target="_blank">read more</a></p> http://wealthmanagement.com/fixed-income/bond-data-dump-puts-wall-street-transparency-trap#comments Fixed Income Regulation & Compliance Fri, 15 Jul 2016 13:27:00 +0000 1238031 at http://wealthmanagement.com Copyright Scott Olson, Getty Images Wrap Accounts Under Fire http://wealthmanagement.com/blog/wrap-accounts-under-fire <div class="node-body blog-body">SEC eyes wrap fee programs, Michael Kitces says frugal retirement savers need to live a little, and a cautionary report against putting all millennials in the same box.</div> <p><a href="http://wealthmanagement.com/blog/wrap-accounts-under-fire" target="_blank">read more</a></p> http://wealthmanagement.com/blog/wrap-accounts-under-fire#comments Blogs Business Planning Regulation & Compliance Retirement Planning The Daily Brief Fri, 15 Jul 2016 10:00:00 +0000 1237331 at http://wealthmanagement.com An Unexpected Peril of Going Independent: Employment Claims http://wealthmanagement.com/blog/unexpected-peril-going-independent-employment-claims <div class="node-body blog-body">Many independent advisors don’t know what’s involved in hiring employees, and it’s resulting in a fast-growing segment of RIA litigation: employment-related claims. </div> <p><a href="http://wealthmanagement.com/blog/unexpected-peril-going-independent-employment-claims" target="_blank">read more</a></p> http://wealthmanagement.com/blog/unexpected-peril-going-independent-employment-claims#comments RIAs Blogs Regulation & Compliance Rulebook Thu, 07 Jul 2016 19:58:00 +0000 1230771 at http://wealthmanagement.com DOL Fiduciary Rule: What’s Old Is New Again http://wealthmanagement.com/regulation-compliance/dol-fiduciary-rule-what-s-old-new-again <div class="node-body article-body">The concept of putting client interests first is not new to the industry; it’s just new to the talk show circuit. </div> <p><a href="http://wealthmanagement.com/regulation-compliance/dol-fiduciary-rule-what-s-old-new-again" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/dol-fiduciary-rule-what-s-old-new-again#comments Legal Regulation & Compliance Thu, 07 Jul 2016 14:11:00 +0000 1230371 at http://wealthmanagement.com Another New Regulatory Burden Coming for RIAs http://wealthmanagement.com/regulation-compliance/another-new-regulatory-burden-coming-rias <div class="node-body article-body">This time, the Department of the Treasury’s anti-money laundering rules will extend to registered investment advisors. Your firm will need to make some changes. </div> <p><a href="http://wealthmanagement.com/regulation-compliance/another-new-regulatory-burden-coming-rias" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/another-new-regulatory-burden-coming-rias#comments RIAs Regulation & Compliance Thu, 30 Jun 2016 17:01:00 +0000 1224581 at http://wealthmanagement.com Copyright Mark Wilson, Getty Images Breaking Down the Fiduciary Rule, Part Three: Why Are These Changes Being Made? http://wealthmanagement.com/regulation-compliance/breaking-down-fiduciary-rule-part-three-why-are-these-changes-being-made <div class="field-byline"> Ryan W. Smith </div> <div class="field-deck"> The following is the third in a five-part series exploring the U.S. Department of Labor’s final fiduciary rule. </div> <div class="node-body article-body">The following is the third in a five-part series exploring the U.S. Department of Labor’s final fiduciary rule.</div> <p><a href="http://wealthmanagement.com/regulation-compliance/breaking-down-fiduciary-rule-part-three-why-are-these-changes-being-made" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/breaking-down-fiduciary-rule-part-three-why-are-these-changes-being-made#comments Regulation & Compliance Wed, 25 May 2016 19:38:00 +0000 1181111 at http://wealthmanagement.com Copyright Alex Wong, Getty Images Breaking Down the Fiduciary Rule, Part Four: What is the Potential Impact to Retirement Account Advisement? http://wealthmanagement.com/regulation-compliance/breaking-down-fiduciary-rule-part-four-what-potential-impact-retirement-accoun <div class="field-byline"> Ryan W. Smith </div> <div class="field-deck"> The following is the fourth in a five-part series exploring the U.S. Department of Labor’s final fiduciary rule. </div> <div class="node-body article-body">The following is the fourth in a five-part series exploring the U.S. Department of Labor’s final fiduciary rule.</div> <p><a href="http://wealthmanagement.com/regulation-compliance/breaking-down-fiduciary-rule-part-four-what-potential-impact-retirement-accoun" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/breaking-down-fiduciary-rule-part-four-what-potential-impact-retirement-accoun#comments Regulation & Compliance Wed, 25 May 2016 19:38:00 +0000 1195061 at http://wealthmanagement.com Copyright Alex Wong, Getty Images