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.
State and federal securities regulators are targeting advisors who market “free lunch” seminars and use misleading senior investor designations, drawing a correlation between these strategies and problematic behavior...
The Financial Industry Regulatory Authority is gearing up to release new rule proposals that allow advisors to pause orders if they believe some type of financial exploitation of senior investors is afoot...
WASHINGTON, Oct 7 (Reuters) - Blackstone Group, the world's largest private equity firm, will pay about $39 million to settle civil charges over disclosure failures in connection with certain types of fees it charged its portfolio...
The Financial Industry Regulatory Authority ejected from its ranks Halcyon Cabot Partners, its CEO and chief compliance officer, alleging the New York-based brokerage and investment services firm ran a kickback scheme involving private placement...
The Institute for the Fiduciary Standard on Wednesday released its final set of best practices for advisors, which focus on addressing conflicts of interests, increasing transparency and communicating clearly with investors...
Jack Bogle, founder and former chairman of the Vanguard Group, said Wednesday he’s optimistic that a fiduciary standard for advisors will get passed, but it may be worth compromising some of the details of the plan in order to do so...
The head of the Securities and Exchange Commission stressed the importance of collaboration among the industry and regulators on Monday, much the same way the two groups came together 75 years ago, following the Great Depression...
