SEC Starts Exam Sweep of Never-Examined Advisors
Exams will target advisors registered for at least three years, excluding private fund advisors, and focus on areas "most important to protecting investors."
IAA’s Tittsworth to Step Down
Providing a year’s notice will give “ample opportunity for the IAA Board ... to identify my successor,” David Tittsworth said.
Will SEC Spend 5 More Years Mulling Fiduciary Rule?
The SEC said Monday that it would “continue to analyze” over the next five years whether to write a fiduciary rule for brokers.
More Advisor Exams? Not Under This SEC Budget, Advocates Say
CFP Board, CFA and others say the SEC's pledge to examine more advisors will be tough to fulfill with only a $29 million increase.
Advisors Brace for More Exams in 2014; DOL ‘Game Changer’ on Horizon
Some industry officials question whether the SEC can deliver on its promise to boost the number of advisor exams in the new year.
Will the SEC Create Two Kinds of Fiduciaries?
The debate rages on about what Dodd-Frank said the SEC could — or could not — do in writing a fiduciary rule for brokers.
SEC Mulls Including Advisors as ‘Accredited’ Investors
"Professional certifications ... are among the possible supplemental or alternative criteria for qualifying as an accredited investor," says SEC Chief White.
Beware a Fiduciary ‘Wild West’: ASPPA Chief
ASPPA CEO Brian Graff lays out two hot issues to watch: DOL's coming fiduciary proposal and the growing specter of state-run retirement plans.
How the SEC Plans to Be ‘Everywhere’
Despite limited resources, the agency is leveraging its strengths to zero in on advisors’ smallest infractions.
Bill Would Force DOL to Let SEC Fire First on Fiduciary
The House Financial Services Committee plans to mark up a bill introduced Wednesday that would require the DOL to wait 60 days to publish its fiduciary rule after the SEC has released its own measure.