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.
Almost half of financial services firms involved in individual retirement accounts say they’ll hire extra help or redirect resources to comply with the Labor Department’s fiduciary rule.
While the industry may not immediately feel the impact o...
Automated online advice platforms, the so-called robo advisors, have long said that the use of algorithms eliminates the kinds of conflicts of interest that can exist in more traditional brokerage firms. It’s a premise that...
While the Department of Labor’s fiduciary rule for advisors to retirement accounts looks more like an inevitability, over half of advisors are waiting until they see a final version before making preparations, according to a recent...
With consultants looking for ways to manage growth and increased operational demands, compliance software is expected to gain much greater global adoption in the next few years.
A Phoenix-based financial advisor was booted from the industry this week after a disciplinary panel found he invested a number of elderly clients into high-risk securities by falsely touting the safety of the investments...
For firms that don’t pay their arbitration awards, Wall Street’s self-regulator plans to bar them from the industry and could seek to impose new rules to make collecting awards easier for investors...
Feb 26 The Financial Industry Regulatory Authority's board of governors has approved a plan that would require brokerage firms to disclose how much they mark up the price of most bonds they sell to retail customers, the Wall Street watchdog...
