SEC Assembles Team to Craft Fiduciary Rule
The SEC has assembled the team of officials who will be instrumental in coordinating a fiduciary rulemaking with the DOL.
FINRA Warns Investors on Initial Coin Offering Risks, Fraud
Startups are using the new virtual coin ICOs to raise capital, but “buyers should use caution when considering these complex investments,” says FINRA's Walsh.
International Regulatory Shift Could Tame Cryptocurrency Market
On the heels of recent actions by Canadian regulators and the SEC, more countries are regulating digital currency as securities.
Wells Fargo Increases Fake-Account Estimate 67%
The bank says it will pay $10.7 million in customer compensation.
Look Who's Fighting Our Algorithmic Overlords
A scientist has come up with a way to measure whether an AI is biased.
DOL Set for 15-Day Comment Period on Fiduciary Rule Delay
Labor also said it planned to propose a new, streamlined exemption and sent another signal that the class action requirement would be removed from BICE.
When Are We Going to Get There?
Google the phrase, “When are we going to get there?” and the message in Jason Zweig’s weekend column stares you in the face.
OMB Approves 18-Month Fiduciary Rule Delay, With ‘Change’
OMB has concluded its review of Labor's request to delay the rule until July 1, 2019.
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.
3 Big Changes to RIA Form ADVs
IAA Associate General Counsel Monique Botkin says the biggest amendments to Form ADV Part 1 fall under the form’s revised Item 5 and related disclosure in new Section 5.K of Schedule D.