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.
Apparently not all advisors and their clients have been following the developments leading to the much anticipated Wall Street reform package Congress released last Friday. In fact, overall advisors and investors are still confused about what the...
Under reform legislation, RIAs with less than $100 million in assets will no longer be regulated by the SEC. State regulators will step in. Will states be more successful than the SEC?
Estate planning in the context of second marriages is increasingly common and necessary in the evolving world in which we practice. Estate-planning techniques that are effective for spouses in first marriages may be unsuited when applied to...
The Senate voted 60-40 Thursday to end weeks of debate on Christopher Dodd’s financial regulatory reform legislation. Hotly debated proposals to extend the fiduciary standard to brokers did not make it into the final version of the legislation.
The conventional investment wisdom of going where the growth is would suggest increasing equity allocations to emerging markets. But our research shows that there's little relationship between country-level gross domestic product (GDP) growth and...
FINRA shut down Gunn Allen Financial Monday morning for failing to meet net capital requirements. The Tampa-based independent b/d, which has had a history of legal and regulatory trouble, was warned on Friday that it would have to cease operations...
The Certified Financial Planner designation is about to become more challenging to obtain. The Board of Standards this month approved a new prerequisite for its two-day certification exam: a 45-hour capstone course on financial planning. But...
Fat recruiting packages, economic turmoil and mergers between some of the country’s largest brokerage firms have driven many financial advisors to switch firms in the past 18 months. But while hiring firms are usually happy, the firms left...
Banking reform legislation introduced Monday by Senate banking committee chairman Christopher Dodd would give the SEC greater enforcement muscle over RIAs, and would require it to conduct a study examining the effectiveness of extending the...
Senate banking committee chairman Christopher Dodd is set to introduce banking reform legislation Monday without Republican support, in part due to pressure from the Obama administration. The latest version of his legislation is said to adhere...
