Breach of Fiduciary Duty Most Common FINRA Complaint
While attending the last in a series of events to celebrate what the Institute for the Fiduciary Standard christened as Fiduciary September, one comment stood out: The No. 1 compliant in FINRA arbitration cases is breach of fiduciary duty.
Vanguard Founder John Bogle on Restructuring the Retirement System
John Bogle is still as “no-nonsense” as ever at 83.
NAPFA: 8 Ways FINRA Oversight Will Hurt Indie Advisors
NAPFA has sounded the alarm against House Financial Services Chairman Spencer Bachus’ bill calling for a SRO to oversee advisors.
NAPFA Names Ron Rhoades Chairman
On opening day of the 2012 NAPFA annual conference in Chicago, outgoing chairwoman Susan John named Ron Rhoades to succeed her as head of the fee-only planners group.
Bachus to Introduce SRO Redraft Early Next Week: Industry Officials
Rep. Bachus' revised bill comes despite economic analysis saying SRO would cost twice as much as funding the SEC.
Bachus SRO Redraft Likely This Year: IAA’s Neil Simon
Top lobbyist for Investment Adviser Association said Rep. Spencer Bachus will release this year revised legislation calling for a self-regulatory organization for advisors, though action may wait until new Congress in 2013.
SEC Exam Chief to AdvisorOne: SRO Option Still Viable
Carlo di Florio, director of the SEC's Office of Compliance Inspections and Examinations, told AdvisorOne on Tuesday that the recent boost in funding that the SEC received from Congress is not enough to thwart the need for an advisor SRO.
A Process, Not a Destination
With the advent of SEC Rule 206(4) 7, which requires SEC-registered investment advisors to implement and maintain policies and procedures appropriate for their investment advisory...
You Can Fight the SEC
On April 14, the Securities & Exchange Commission agreed to pay $102,969 in attorney's fees incurred by one Charles D. Elliot III in fighting an...