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.
An LPL advisor recently lost his case against the IRS, calling into question the legitimacy of a common practice in the independent b/d space—operating as an S Corporation.
The DOL sent two documents to the Office of Management and Budget seeking to delay the fiduciary rule for 180 days and seek new public comment on the rule.
Chief Judge Barbara Lynn of the Northern District of Texas issued the ruling hours after the Justice Department asked her not to, pending a new review ordered by the Trump Administration.
The special charter proposal levels the playing field by applying the same statutes that currently apply to national banks to those fintech companies that choose to apply for the national charter.
While the DOL fiduciary rule gets all the attention, there are lesser-known rules coming for RIAs, including anti-money laundering and mandated succession plans, according to a panel of regulatory experts at the TD Ameritrade Institutional...
Many industry executives expect the trend towards fiduciary standards of advice to continue, driven by market forces if not regulatory action. Others are not so sure.
Janus files with the SEC to introduce fiduciary rule compliance classes, Oranj upgrades its digital advice platform and a former MetLife financial planner is sentenced for robbing banks.