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The Financial Industry Regulatory Authority has withdrawn its recruiting bonus disclosure proposal from the Securities Exchange Commission. The rule would have required brokers to disclose the financial incentives they receive when moving firms...
Will FINRA’s proposed rule requiring firms to link to their publicly available BrokerCheck records increase investor awareness? The Financial Services Institute remains unconvinced, contending the regulator needs to perform a cost-benefit...
Advisor advocates are on the offensive after SEC Commissioner Dan Gallagher’s said the commission should look at the possibility of an SRO (self regulatory organization) to provide oversight of RIAs...
At FINRA’s annual conference on Monday, FINRA Member Relations Chip Jones sat down with several compliance and risk officers at major broker/dealers, talking about some of the top concerns they have regarding the current regulatory landscape...
SEC commissioner Michael Piwowar called out Michael Lewis’ controversial book on high frequency trading Wednesday, saying that while Flash Boys has sparked thoughtful discussion, it’s misleading and factually inaccurate. ...
Over the last few months the FINRA recruitment/broker disclosure discussion, and documents, have come into closer focus. It seems to me that the larger member firms are a bit too close to the process.
After months of legal wrangling, the CFP Board has released 300,000 pages of documents to investment advisors Jeffrey and Kimberly Camarda, who filed a lawsuit against the Board about a year ago. The Camardas first requested the documents in...