Regulation and Compliance issues for Wealth Professionals can be challenging to navigate especially when the SEC is involved. Catch the latest news and analysis on compliance updates that impact financial advisors.
FINRA releases FINRA360 Progress Report, new website helps investors find fiduciaries and D.A. Davidson adds at $380 million team in Colorado Springs, Colo.
The fines, $500 million each to the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency, covers issues in Wells Fargo’s auto-lending and mortgage units.
The SEC commissioners pushed through a proposal package that would establish a best interest standard for broker/dealers and restrict brokers from using the titles “advisor” or “adviser.”
Merrill Lynch has dropped nine federal court cases it filed against former financial advisors to prevent them from arbitrating claims against the firm.
Wirehouse firms balked at the proposed enhancements to the most widely known professional mark for the industry, threatening to abandon their support for the designation.
