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 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...
For several years the FINRA enforcement arm grew bigger and bigger. Its staff increased. The number of actions increased. The number of fines increased. The number of bars and suspensions increased. And the number of...
Industry regulator FINRA pulled back from its proposal to collect and retain sensitive client information as part of a planned compliance system, according to a notice published Tuesday...
Financial services firms know that when FINRA or the SEC decides to mount an examination, one of the top things they look at is a firm's communications - both the content and the written policy governing the messages, if there is one...
In its annual regulatory and examination priorities letter released Thursday, FINRA said in 2014 it will put a new focus on brokers who leave firms that have been “severely disciplined by FINRA.” The regulator will also be cracking...
In April 2012, FINRA released Regulatory Notice 12-18, which features the Authority's proposed overhaul of the broker expungement process. The overhaul applies primarily to brokers whom customers do not name as defendants to their...
