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 Department of Labor has made it a top priority to put out its long-awaited and highly controversial fiduciary proposal this year, but now the DOL faces new pushback from Congressional leaders. This week, 32 members of Congress—mostly fr...
Speaking remotely at the annual conference of the Investment Management Consultants Association, Phyllis Borzi of the DOL strongly suggested that the agency will include some exemptions to its fiduciary rule for certain business practices.