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.
Massachusetts Secretary of the Commonwealth William Galvin originally sought public comments on a proposed fiduciary standard in June as a response to the SEC’s passage of Regulation Best Interest.
The SEC will likely unveil a plan in the coming weeks for updating the accredited investor standard, a bedrock that lays out the criteria for investing in riskier -- and potentially more lucrative -- private funds, said two people familiar with...
Commissioners Jackson and Lee are at it again, urging commenters to help the agency strengthen a new proposal on the use of leveraged and inverse funds.
The SEC commissioner was among the choir while singing the praises of the soon-to-be-implemented rule at the trade association's annual meeting in Washington, D.C.
At SIFMA's annual meeting, U.S. Sen. Tim Scott said there could be additional clarification on the opportunity zone regulations by the end of December.
The New Jersey Bureau of Securities revoked the registration of the firm, First Standard Financial, described as "a haven for greedy, dishonest agents who traded client accounts like sharks in a feeding frenzy".