3 DOL Fiduciary Compliance Challenges Advisors Face
An Aite Group survey of advisors asks how difficult they think various tasks will be under the fiduciary rule.
NASAA Mulls Model Cybersecurity Rule for Investment Advisors
NASAA is also developing cyber guidance and a checklist for small advisory firms to assess their cyber preparedness.
SEC Charges Immigration Attorney With Defrauding EB-5 Investors: Enforcement
In other actions, a court orders insider trading defendant Believe Lin to pay nearly $7.3 million after finding him in contempt.
How to Avoid Failure to Supervise
“Supervision” is one of those compliance buzzwords that gets tossed around like its meaning is obvious. I submit to you that it is not.
SEC to Help Investors With Background Checks; Clayton Eying Choice Act Progress
A Choice Act provision giving new rights to defendants in SEC actions is expected to be popular.
FSI Shares Views, Case Studies on Outside Business Activities
More input from independent advisors and brokers-dealers is also sought by the Financial Services Institute.
Wall Street’s Trade Group Chides FINRA for Regulation by Enforcement
SIFMA also criticizes FINRA for not gathering enough cost-benefit data, "resulting in unworkable or unnecessarily costly rules."
Board to Death: Is the CFP Board’s New Fiduciary Standard Really Better Than No Standard at All?
Back in 2008, the CFP Board announced that it was revising its professional standards to include a requirement that CFPs act as fiduciaries for their clients.
3 Reasons DOL Fiduciary Rule Will Stay Intact: ERISA Attorney Wagner
Marcia Wagner says the administration’s focus on the fiduciary rule shows how “important the private pension system is to our safety net of this country.”
Should You Jump on the Buffer Annuity Bandwagon?
This product offers an appealing cross of annuity products that clients clearly want, but advisors should look before they leap.