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.
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...
The Securities Exchange Commission remains undecided on whether or how to move forward on a uniform fiduciary standard, despite a game plan outlined earlier this year by Chair Mary Jo White that aimed to have a decision by the end of the year...
Small firms have little to fear regarding the implementation costs around FINRA’s new Comprehensive Automated Risk Data System (CARDS) initiative, according to Hardeep Walia, co-founder and CEO of Motif Investing...
In response to FINRA's Comprehensive Automated Risk Data System (CARDS) proposal issued Tuesday, the Financial Services Institute has formed a task force of broker/dealer executives to analyze and respond to the regulator's planned...
