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 Securities and Exchange Commission could’ve fixed the problem around the fiduciary standard years ago. Even before Dodd-Frank, the SEC had the authority it needed under the Investment Advisers Act to say that brokers who wanted to act as...
Former House Financial Services Committee Chairman Spencer Bachus (R-Ala.) threw his support behind proposed legislation that would provide funding to the Securities Exchange Commission to boost its investment adviser oversight program...
The Financial Industry Regulatory Authority has assembled a 13-person task force to recommend improvements to the arbitration process. The task force will be charged with enhancing “the transparency, impartiality and efficiency of FINRA...
RIA firms continue to increase their investment in compliance, boosting the number of dedicated staff and overall employee training, according to a recent survey.
The number of RIA firms employing six or more employees focused on compliance jump...