Regulation & Compliance

A federal judge denied the SEC's appeal for summary judgment, arguing the regulator has not shown CapWealth made any 'material misstatement or omission.'

The CFP Board said the annual increase will go toward public awareness and diversity initiatives.

Shawn E. Good had clients send funds to his personal bank account to supposedly make low-risk investments in real estate development projects.

German Nino pleaded guilty to wire fraud in Florida federal court for stealing more than $5 million from clients and spending it on 'romantic partners,' according to the DOJ.

It’s going to take disruptors, not politicians and regulators, to develop creative solutions.

The commission's FAQ from March 30 said firms should avoid 'embellishing factual statements,' but the Institute for the Fiduciary Standard argues it leaves advisors unable to accurately describe themselves as fiduciaries.

The state became the 22nd to adopt a rule based on the NAIC’s model, joining the likes of South Dakota, New Mexico and Pennsylvania.

Either type can use annuities, but regulatory conduct expectations differ between the two. Or do they? Should they? And where can financial professionals get unconflicted guidance on these questions? Lastly, what on earth might Bill Murray have to...

If you haven’t reviewed your Form CRS recently, here’s a good starting place to spot possible compliance problems.