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.
Three owners of brokerages are campaigning to be elected to the Financial Industry Regulatory Authority’s board of governors, the group that oversees Wall Street's regulator, with a similar messages: Stop antagonizing smaller firms...
Investment advisory firms say cybersecurity is the hottest compliance topic, and yet, the number of firms falling victim to attacks is on the rise.
Approximately 15 percent of RIAs surveyed in the 2015 Investment Management Compliance Testing ...
The Financial Planning Association is supportive of the Department of Labor’s fiduciary proposal, but the organization said Tuesday that doesn’t mean it thinks the rules is perfect...
For most banks, litigation costs have become so ubiquitous that most companies simply see these expenses as just another cost of doing business.
Since the financial crisis, financial institutions in the U.S. and Europe have paid out $178 billi...
Wall Street's industry-funded watchdog is crafting guidance that would give brokers clarity about delaying transactions made by investors whom they believe may be suffering from dementia or are being influenced by caregivers, its chief said on...
The financial services industry needs to accept the reality of the Department of Labor's fiduciary proposal and move onto figuring out how to live with it, advisors and industry trade associations said in candid comments at Pershing's INSITE 2015...
Wall Street lobby group SIFMA reiterated its opposition to the Department of Labor’s fiduciary proposal on Wednesday, calling the proposed restrictions for brokers working with clients' retirement accounts “unworkable.&rdquo...
A financial advisor who seeks to manage the entire relationship and not just the investments will likely have a long lasting bond with both the client and their family members.