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 SEC’s recent guidance on testimonials and social media gave advisors the green light to promote client reviews published on third party review sites, such as Yelp.com or Angie's List. But some say advisor directories like...
The number of FINRA enforcement cases aimed at financial firms may be down slightly so far this year, but the fines themsleves are on the rise, according to new data released by Sutherland Asbill & Brennan LLP Thursday...
Transamerica Financial Advisors agreed to pay $1.1 million to settle the Securities Exchange Commission's allegations the St. Petersburg, Fla.-based firm improperly calculated advisory fees and overcharged its clients...
Would-be fraudsters beware: Eating the evidence will not deter the Securities and Exchange Commission. A Morgan Stanley stockbroker and an employee at a prominent New York law firm found that out the hard way when the two were charged with insider...
Institutions—no matter how large—should be held accountable for crimes. And it’s only a matter of time before a significant financial company is charged with a felony because prosecutors aren't buying the 'sky will fall&...
The burden imposed by regulators on businesses, both in the U.S. and abroad, will continue to increase, according to a recent survey by Thomson Reuters Accelus of more than 600 global compliance officers...
The data breach that hit Target late last year caused a flurry of concern over cyber security at institutions that hold client and customer information. But large companies such as Target may actually be better off than registered investment advi...
The industry regulator slapped LPL Financial with a $950,000 fine on Monday, alleging the broker-dealer failed to adequately supervise sales of non-traded REITs and other alternative investment products...