FINRA to Stay Aggressive, Focus on Structured Products—Compliance Watch
At times of great market volatility, says FINRA's Brad Bennett, suitability and marketing problems rise.
SEC Cracks Down on RIA, BD Compliance Officers--Compliance Watch
Two recent SEC cases signal, says a former examiner, that CCOs and their firms are unaware of their vulnerability and liability.
Planners Beware: More Probes by CFP Board; Reg S-P Victory Gives It More Teeth—Compliance Watch
CFP Board enforcement chief Shaw says 1,500 investigations launched in 2010; bankruptcies new focus.
Advisors Beware, Client Testimonials on Social Media = Advertising—Compliance Watch
Steps that social-media using advisors should take to avoid getting dinged by SEC examiners: focus on testimonials and file retention on LinkedIn and Facebook.