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.
The Consumer Federation of America and Americans for Financial Reform have joined together with the nation's largest employment unions and the AARP to mount a public campaign supporting of the Department of Labor’s proposed fiduciary...
In the annual exam priorities letter issued Tuesday by the SEC’s Office of Compliance Inspections and Examinations, the regulator said it will keep a close eye on the suitability of advisors' recommendations and sales practices around...
Pershing LLC must pay a $3 million civil fine for violating a rule that requires the firm to protect customers' funds and securities from broker-dealer misuse, among other things, Wall Street's industry funded watchdog said on Monday...
Former SEC Chair Harvey Pitt (left) talks with TD Ameritrade Institutional's Skip Schweiss at the MarketCounsel annual conference.
Every single investment advisory firm registered with the Securities and Exchange Commission should be examine...
The Securities Industry and Financial Markets Association is standing by its opposition to the Financial Industry Regulatory Authority’s proposed Comprehensive Automated Risk Data System rule, saying at a media briefing Thursday it will use...
It's that time of year when the compliance department hands out the annual compliance questionnaire. It comes with an overwhelming sense of anxiety to many advisors even if they have nothing to fear. Why is it so dreaded? Here are the top five...