In response to requests from the FPA and others, the CFP Board will push back the compliance date for its new Code of Ethics and Standards of Conduct to June 30, 2020, which coincides with the SEC's Reg BI.
Not only was Henry J. Wieniewitz not registered, he made millions selling securities from Woodbridge Group and 1 Global, which the SEC claims are fraudulent.
The San Francisco-based brokerage firm is in talks to buy USAA’s brokerage and wealth-management operations for roughly $2 billion.
Testing for cybersecurity also increased this year, with advertising and privacy also considered important compliance topics, according to the survey from the Investment Adviser Association and ACA Compliance Group.
The private equity firm has hired Raymond James to advise, according to published reports.
The demise of the human advisor has been greatly exaggerated.
Bank of America Corp.’s Cathy Bessant is among executives who remain in talks with Wells Fargo.
Penny Pennington has ambitious growth plans for the nearly 100-year-old brokerage.
