Regulation & Compliance http://wealthmanagement.com/taxonomy/term/6625/more en U.S. SEC Investigating Sale of Complex Securities to Mom-And-Pop Investors - Official http://wealthmanagement.com/regulation-compliance/us-sec-investigating-sale-complex-securities-mom-and-pop-investors-official <div class="field-byline"> Sarah N. Lynch </div> <div class="node-body article-body">A top regulator on Tuesday said the U.S. Securities and Exchange Commission will bring more enforcement actions against companies selling complex securities and risky structured products to retail investors.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/regulation-compliance/us-sec-investigating-sale-complex-securities-mom-and-pop-investors-official" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/us-sec-investigating-sale-complex-securities-mom-and-pop-investors-official#comments Legal Strategies Regulation & Compliance Tue, 14 Apr 2015 12:00:00 +0000 835381 at http://wealthmanagement.com Copyright Chip Somodevilla, Getty Images SIFMA Panel: SEC Fund Fee Review May Start with Advisors http://wealthmanagement.com/regulation-compliance/sifma-panel-sec-fund-fee-review-may-start-advisors <div class="node-body article-body">The SEC’s review of mutual fund fees may initially focus on advisors who received a fee for services never offered, said panelists at the SIFMA Private Client conference in Chicago. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/regulation-compliance/sifma-panel-sec-fund-fee-review-may-start-advisors" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/sifma-panel-sec-fund-fee-review-may-start-advisors#comments Legal Regulation & Compliance Mon, 13 Apr 2015 16:03:00 +0000 834501 at http://wealthmanagement.com SEC Panel to Call for Better Wall Street Disciplinary Database http://wealthmanagement.com/regulation-compliance/sec-panel-call-better-wall-street-disciplinary-database <div class="field-byline"> Sarah N. Lynch </div> <div class="node-body article-body">A panel of investor advocates said on Thursday they were developing a proposal for U.S. securities regulators that will make it easier for retail investors to conduct online background checks of financial professionals before hiring them.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/regulation-compliance/sec-panel-call-better-wall-street-disciplinary-database" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/sec-panel-call-better-wall-street-disciplinary-database#comments Industry Regulation & Compliance Fri, 10 Apr 2015 15:33:00 +0000 833951 at http://wealthmanagement.com Americans Steer Clear of Stocks http://wealthmanagement.com/blog/americans-steer-clear-stocks <div class="node-body blog-body">Over half of Americans (52 percent) are not currently investing in stocks, according to a new study by Bankrate.com.</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/daily-brief">The Daily Brief</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/americans-steer-clear-stocks" target="_blank">read more</a></p> http://wealthmanagement.com/blog/americans-steer-clear-stocks#comments Industry Markets Blogs Regulation & Compliance The Daily Brief Fri, 10 Apr 2015 09:00:00 +0000 833271 at http://wealthmanagement.com Leon Cooperman's Omega Advisors Gets Federal Subpoenas http://wealthmanagement.com/regulation-compliance/leon-coopermans-omega-advisors-gets-federal-subpoenas <div class="node-body article-body">Leon Cooperman's Omega Advisors Inc told clients earlier this week that it has been subpoenaed by federal prosecutors and regulators seeking information about its trading activities in certain securities, according to a letter seen by Reuters on Thursday.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/regulation-compliance/leon-coopermans-omega-advisors-gets-federal-subpoenas" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/leon-coopermans-omega-advisors-gets-federal-subpoenas#comments Industry Legal Regulation & Compliance Thu, 26 Mar 2015 19:00:00 +0000 823171 at http://wealthmanagement.com <p>Leon Cooperman</p> Republicans Question Fairness of SEC In-House Judgments http://wealthmanagement.com/legal/republicans-question-fairness-sec-house-judgments <div class="node-body article-body">The Securities Exchange Commission’s increased used of internal administrative court came under fire Thursday, as Republications raised questions about this venue’s ability to maintain due process protections and objectivity.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/legal/republicans-question-fairness-sec-house-judgments" target="_blank">read more</a></p> http://wealthmanagement.com/legal/republicans-question-fairness-sec-house-judgments#comments Industry Legal Regulation & Compliance Thu, 19 Mar 2015 19:29:00 +0000 819191 at http://wealthmanagement.com <p>SEC Head of Enforcement Andrew Ceresney came under fire regarding administrative proceedings at a&nbsp;&nbsp;the House Financial Services Committee&nbsp;hearing on Thursday.</p> Fiduciary Roundtable: Where Is the Industry Heading? http://wealthmanagement.com/industry/fiduciary-roundtable-where-industry-heading <div class="node-body article-body">Two fiduciary experts, Knut Rostad and Brian Hamburger, discuss the recent regulatory shifts, the brokerage industry's response and the ultimate impact on the industry of an expanding fiduciary standard. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/industry/fiduciary-roundtable-where-industry-heading" target="_blank">read more</a></p> http://wealthmanagement.com/industry/fiduciary-roundtable-where-industry-heading#comments Industry Legal Wealth Management Madness Regulation & Compliance Wed, 18 Mar 2015 18:05:00 +0000 817831 at http://wealthmanagement.com <p>Brian Hamburger, left, and Knut Rostad&nbsp;are the two remaining contenders&nbsp;in the Thought Leaders category of the <a href="http://wealthmanagement.com/wealth-management-madness-2015-bracket">Wealth Management Madness 2015 </a>bracket tournament.</p> FINRA Going After Firms For Unreported Judgments, Liens http://wealthmanagement.com/regulation-compliance/finra-going-after-firms-unreported-judgments-liens <div class="node-body article-body">In its latest effort to authenticate its broker records database, the Financial Industry Regulatory Authority is cracking down on firms who have brokers with undisclosed liens and judgments. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/regulation-compliance/finra-going-after-firms-unreported-judgments-liens" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/finra-going-after-firms-unreported-judgments-liens#comments IBDs Legal Regulation & Compliance Mon, 16 Mar 2015 09:14:00 +0000 814321 at http://wealthmanagement.com U.S. Consumer Watchdog Warns on Arbitration, Could Issue New Rules http://wealthmanagement.com/regulation-compliance/us-consumer-watchdog-warns-arbitration-could-issue-new-rules <div class="field-byline"> Reuters </div> <div class="node-body article-body">The top U.S. consumer watchdog said on Tuesday that arbitration clauses used by companies to dodge lawsuits take away consumers' rights to sue in courts and do not provide much relief to them.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/regulation-compliance/us-consumer-watchdog-warns-arbitration-could-issue-new-rules" target="_blank">read more</a></p> http://wealthmanagement.com/regulation-compliance/us-consumer-watchdog-warns-arbitration-could-issue-new-rules#comments Industry Regulation & Compliance Tue, 10 Mar 2015 19:42:00 +0000 809281 at http://wealthmanagement.com <p>CFPB President Richard Cordray says his agency found that tens of millions of consumers were under arbitration agreements, but few knew about them or understood their impact.</p> Copyright Chip Somodevilla, Getty Images Throwing Money at Cybersecurity Not the Answer http://wealthmanagement.com/technology/throwing-money-cybersecurity-not-answer <div class="node-body article-body"><p>With the sheer volume of cyber attacks occurring against financial services firms, it&rsquo;s not enough for RIAs to just spend on technology or an outsourced cybersecurity solution, advisors and firm employees must understand how to use technology and have processes built around it.&nbsp;</p></div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/technology/throwing-money-cybersecurity-not-answer" target="_blank">read more</a></p> http://wealthmanagement.com/technology/throwing-money-cybersecurity-not-answer#comments RIAs Technology Regulation & Compliance Thu, 05 Mar 2015 18:57:00 +0000 801681 at http://wealthmanagement.com