SEC to Advisors: Stop Sloppy Ads
On Sept. 14, 2017, the Office of Compliance Inspections and Examinations (OCIE) published its National Exam Program Risk Alert detailing frequently identified compliance issues cited in investment advisor examination deficiency letters.
The Long-Awaited Fiduciary Rule Delay
Hurry up and get ready, slow down, stop — I am truly hopeful that this will be my last DOL rule column for quite some time.
Advisor Websites and the BICE Requirements
In addition to the many disclosures fiduciaries must make when they execute a best-interest contract, they must also make disclosures about their website.
What's Required Under DOL's Best-Interest Contract Exemption
In my last column, I began to address the DOL post-transition period. In this column, I will further address the post-transition period, specifically, the best-interest contract.
The DOL Fiduciary Rule: Implementation and Level-Fee Fiduciaries
In my last column, I addressed the DOL fiduciary rule transition period. In this column, I will address the post-transition period.
The DOL Fiduciary Rule: Managing the Transition Period
It is critical for advisors to be aware of the sometimes convoluted timeline and compliance requirements of the DOL fiduciary rule.
When Do Advisors Have Custody Relief?
On Feb. 21, the SEC released guidance clarifying when advisors will be deemed to have custody with respect to standing letters of authorization (SLOA).
Soft Dollar Arrangements Under the Postponed DOL Rule
The Department of Labor has postponed the implementation date of the fiduciary rule to June 9. Will there be additional delays? Who knows.
Solicitor Arrangements: An Overlooked Casualty of DOL Fiduciary Rule
Advisors with solicitor relationships should examine agreements to make sure they don't run afoul of the DOL fiduciary rule.
What Do You Do When the FBI Is at Your Door?
It is not uncommon for an advisor to be contacted by criminal authorities regarding accounts they manage.