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.
Famed “affluenza teen” Ethan Couch and his mother Tonya were detained by authorities in Mexico on Tuesday after the two fled the country in the wake of a surfaced video depicting an apparent probation violation by the young man, according to ...
Michael Kane, the co-founder and “master sensei” of digital investing firm Hedgeable, thinks 2016 will be the year that the robo advisor term is finally retired. “As platforms become more robust and the product set more diversified, pigeonhol...
Don't piss off millennials. | Nastco/iStock/Thinkstock
A 24-year-old client with $3,000 in an IRA account recently wrote in to Slate, “My financial advisor is a total sketchball!! What do I do?” After not hearing from the advisor for a mon...
House lawmakers introduced legislation on Friday that would block the Department of Labor's fiduciary proposal from going into effect if not approved by Congress and set up an alternate best interest standard for advisors...
The Financial Industry Regulatory Authority submitted a proposed rule to the U.S. Securities and Exchange Commission late Wednesday night that would require broker/dealers to provide educational information to customers they’re seeking...
In a report released Wednesday, FINRA’s Dispute Resolution task force, charged with suggesting ways the self-regulatory organization can improve its method of mediating conflicts between brokers and investors, said...
Just as each firm must tailor its policies and procedures to address their specific business, there is no 'one size fits all' model when it comes to outsourcing compliance needs.
What took the Department of Labor five years to accomplish will take lawmakers just over a month. A group of bipartisan lawmakers said Friday they plan to introduce a legislative proposal to ensure advisors act in their clients' best...
Dec 3 Billionaire investor Mark Cuban is lashing out against the U.S. Securities and Exchange Commission over its push against legislation that would require government agencies to get warrants before accessing emails of people under investigation...
Members of Congress on Wednesday criticized the Department of Labor’s support of so-called robo advisors, saying the online automatic investment tools were not an acceptable alternative to face-to-face interactions...