Practice Management

The Department of Labor said the proposed rule would align with the SEC's Regulation Best Interest, while consumer advocates call it as a wishlist for the brokerage industry.

While the justices sided with the Trump administration in the separation of powers clash, it stopped short of abolishing the agency altogether.

In light of the federal appeals court decision to uphold Reg BI, XYPN says it may take its case to the Supreme Court. Fiduciary advocates also expect more states to take action.

Ten steps to help advisors adjust their focus and move forward positively.

The study found that the appetite for human financial advice extends far beyond the high-net-worth population.

The SEC’s Regulation Best Interest stands, with a compliance date of Tuesday.  

The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. approved changes to the Volcker Rule Thursday that let banks increase their dealings with certain funds by providing more clarity on what’s allowed.

As the result of background checks of all 87,000 CFPs, the group is now investigating 1,240 of them for possible misconduct.

Focus on the activities you can control.

The eQuipt Dashboard provides features to assist advisors with new compliance provisions.