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.
“You can’t put one hat on when you’re talking about 50 percent of your assets and another hat on when you’re talking about another 50 percent. It makes no sense,” said SEC Chairman Jay Clayton.
There are very few digital leaders in wealth management, Dallas penny stock firm has shares suspended from trading and Working Mother magazine's list of the top 200 financial advisor moms.
The SEC said it had charged SunTrust for "improperly recommending more expensive share classes of various mutual funds when cheaper shares of the same funds were available."
The self-regulatory organization has recently changed its policy to allow people to access bulk data on firms, said FINRA President and CEO Robert Cook.
