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The proposal is based on the NAIC's model regulation intended to align with Reg BI. But if a Biden administration urges changes to the SEC rule, how will states approach amending their own annuity regulations?

Regardless of what the pandemic will bring, or not bring, in 2021, the wealth management industry has been changed forever.

The SEC claims that Eugenio Garcia Jimenez Jr., an unregistered investment advisor, misappropriated $7.1 million of funds belonging to the Municipality of Mayagüez, Puerto Rico.

Thomas A. Sporkin will join the board in January as the managing director, enforcement, and will be tasked with modernizing the board's detection, investigation and prosecution processes.

Thrivent Advisor Network is building out its business development team with former LPL executive Gary Foster.

The acquisition is part of FMG’s plan to become an end-to-end digital-marketing platform for financial advisors.

The SEC said Anson Jean-Pierre told investors the funds would be used to develop projects in Haiti, but he actually spent some of the money on things like retail and travel purchases.

The workplace reflects the conscience of the leaders and the culture they create.