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 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".
The markets tend not to overreact to most turbulent political and social environments, said Michael Townsend, Schwab’s head of legislative and regulatory affairs.
The Financial Industry Regulatory Authority ordered the brokerages to pay restitution to clients allegedly sold more expensive share classes in 529 college savings plans.
