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 Securities Industry and Financial Markets Association is standing by its opposition to the Financial Industry Regulatory Authority’s proposed Comprehensive Automated Risk Data System rule, saying at a media briefing Thursday it will use...
It's that time of year when the compliance department hands out the annual compliance questionnaire. It comes with an overwhelming sense of anxiety to many advisors even if they have nothing to fear. Why is it so dreaded? Here are the top five...
The Securities Exchange Commission remains undecided on whether or how to move forward on a uniform fiduciary standard, despite a game plan outlined earlier this year by Chair Mary Jo White that aimed to have a decision by the end of the year...
Small firms have little to fear regarding the implementation costs around FINRA’s new Comprehensive Automated Risk Data System (CARDS) initiative, according to Hardeep Walia, co-founder and CEO of Motif Investing...
In response to FINRA's Comprehensive Automated Risk Data System (CARDS) proposal issued Tuesday, the Financial Services Institute has formed a task force of broker/dealer executives to analyze and respond to the regulator's planned...
FINRA moved forward on its planned Comprehensive Automated Risk Data System (CARDS) on Tuesday, issuing a regulatory notice that outlines plans to implement the database initiative in phases...
Brokers and firms could see a regulatory proposal on FINRA's planned Comprehensive Automated Risk Data System (CARDS) initiative as early as next month. And while there are still concerns about the regulator's ability to secure the...