The commission’s Standards of Conduct Implementation Committee urged advisors and firms to be concise when writing their relationship summaries and to avoid unnecessary legal jargon.

Advisors who want to reposition their firms to focus on wealthier households have their work cut out for them.

Clients decide to trust their financial future with someone who offers them a personal and authentic connection.

The Securities and Exchange Commission and Commodity Futures Trading Commission imposed unusually stiff penalties on the firm and its subsidiaries for record-keeping violations.

Hearsay Systems is releasing a video prereview tool for compliance departments overwhelmed with the volume of advisor videos.