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.
While securities regulators say self-reporting offenses and cooperating with authorities may help advisors and firms get off easier, industry lawyers say there are negative consequences, including reputational damage and costly internal...
There are still brokers out there acting like the "Wolf of Wall Street," and FINRA is making it a high priority to shut them down, said the agency's head of enforcement at a law seminar in New York Friday, pointing out that in the...
Corporate culture is a top down approach. Management at member firms should take a close look at their corporate culture to ensure that what is being preached is actually being practiced.
In early 2013, the Securities and Exchange Commission began an examination of mutual fund distributions, 12b-1 and sub-transfer agent fees, known as sub-TA fees. But panelists at the SIFMA Private Client conference in Chicago last week said the...
(Reuters) - A panel of investor advocates said on Thursday they were developing a proposal for U.S. securities regulators that will make it easier for retail investors to conduct online background checks of financial professionals before hiring...
All's quiet. | Copyright Chris Hondros, Getty Images
Over half of Americans (52 percent) are not currently investing in stocks, according to a new study by Bankrate.com. But it’s mostly because they don’t have the money, with 53 percent ci...
The Securities and Exchange Commission’s increased used of its internal administrative court came under fire Thursday, as Republications raised questions about this venue’s ability to maintain due process and objectivity...
In its latest effort to authenticate its broker records database, the Financial Industry Regulatory Authority is cracking down on firms who have brokers with undisclosed liens and judgments.  ...