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.
SEC Chairman Jay Clayton says he’s moving forward with a best interest standard, and he wants to reduce the number of standards financial professionals are currently subject to.
The Fifth Circuit Court of Appeals argues the Department of Labor lacked the statutory authority to promulgate the rule; a major victory for the brokerage industry.
A new PIABA report says nearly a third of FINRA arbitration awards went unpaid last year; Senator Elizabeth Warren believes the best solution is a pool funded by FINRA fines.
