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.
A new report chastises 25 brokerages and insurance firms for marketing their employees as advisors, while eschewing that term in legal filings against the DOL.
Ed O’Brien, the CEO of eMoney Advisor, says advisor sentiment toward the fiduciary rule is improving and those who can adjust their practices to comply with it will prosper.
Targeted towards retirement investors, the FAQs explain basic definitions of the fiduciary rule, why the DOL adopted it, and how it affects everyday consumers.
A House Republican introduced a bill that would delay the effective date of the DOL rule by two years. At the same time, a House committee called the rule “reckless” and “misguided.”
President-elect Trump’s choice for SEC chair, Jay Clayton, has spoken very little on the record about the investment advisory industry he likely will soon oversee. Some observers say the change could be a welcome opportunity to reset the agency's...
In its annual press briefing, the advocacy group said the U.S. should take a page from Europe, which recently conducted a review of its regulatory framework for financial services.
