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.
The Financial Industry Regulatory Authority levied a $2.6 million fine against Scottrade on Monday for failing to retain more than 168 million outgoing emails and record email communications in the proper format...
Democratic and Republican lawmakers criticized the Department of Labor’s fiduciary rule Tuesday, saying they’d use every tool at their disposal to defeat the measure.
Representatives French Hill (R-Ark.) and David Scott (D-Ga.) told attendees...
Regardless of how the DOL’s final rules take shape, the entire conversation around conflicts of interest is healthy for the financial services industry and investors, providing transparency and insight into the retirement advice marketplace.
Last week an arbitration panel ordered J.P. Morgan Securities to pay $350,000 in compensatory damages, plus interest, to Kostantina Bourdev, a former advisor who claimed she was wrongfully terminated and defamed ...
Minorities and women remain underrepresented at agencies that regulate the financial services industry, including at the Securities and Exchange Commission, a report released Thursday found.
The Committee on Financial Services' report highligh...
House Democrats and Republications are teaming up to draft legislation that would create an alternative “best interest standard” for advisors to operate under when working with retirement accounts...
Democratic Sen. Sherrod Brown, joined by Dept. of Labor Sec. Thomas Perez, said Monday he would propose a new bill to close a loophole in the tax code that allows employers to treat full-time workers as independent contractors ...
