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.
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...
The debate over the fiduciary standard heated up on Monday, as RBC Wealth Management CEO John Taft challenged Knut Rostad, president of The Institute for the Fiduciary Standard, during a webinar sponsored by The Institute. The fiduciary standard...
The Securities and Exchange Commission could’ve fixed the problem around the fiduciary standard years ago. Even before Dodd-Frank, the SEC had the authority it needed under the Investment Advisers Act to say that brokers who wanted to act as...
