Patrick Donachie

Industry stakeholders are now looking to Massachusetts to see how aggressively the state enforces the rule and gain insight into how other states may follow suit.

David C. Coggins, the owner of Coral Gables Asset Management, allegedly defrauded investors by misrepresenting the performance of a private fund, according to a complaint filed by the SEC.

After 38 years, the SEC has changed its 'accredited investor' definition, moving beyond a focus on income and net worth and expanding the pool of those who qualify to invest in private markets.

The Department of Labor has set a hearing on its proposed fiduciary rule for Sept. 3 at 9 a.m. ET.

Some advisors report that few clients have asked any questions resulting from the new disclosure document, leading them to wonder if they are reading it at all. 'I think people might just be a little bit numb to the...

In a conversation during Riskalyze Fearless Week, Docupace CEO David Knoch also spoke about the new DOL rule and the need for trackable documentation for firms' Form CRS.

The SEC release asked firms to keep an eye on business continuity, employee supervision and the protection of sensitive investor information during the pandemic.