What's Next for the Fiduciary Standard?
While the industry awaits a decision by the SEC on whether it will move forward with a uniform fiduciary rule for brokers and advisors, fiduciary advocates will engage this month in a debate about the importance of the two fiduciary rulemakings being considered by the SEC and the DOL.
SEC Warned to Halt Money Market Fund Rule Release
Financial Services Roundtable tells SEC to deal with money fund rule's "tax consequences" before moving ahead.
Top Cybersecurity Threats for BDs
Some of the biggest risks may come from inside your firm, Daniel Sibears of FINRA said.
SEC Launches Cybersecurity Exams of BDs, Advisors
The SEC says it has launched cybersecurity-related exams of more than 50 registered broker-dealers and RIAs.
Top Cybersecurity Threats for BDs, Advisors
At SEC’s cybersecurity roundtable, officials discussed the biggest risks to BDs and advisors and urged the SEC not to prescribe “rigid” rules.
SEC Issues ‘Bad Actor’ Guidance Under Rule 506
When is the issuer in a private offering required to determine whether bad actor disqualification applies?
SEC’s Aguilar Laments Slow Adoption of Reg D Protections
"Investors face greater harm" every day the SEC fails to adopt these proposals, Commissioner Luis Aguilar said.
SEC Swears In 2 Commissioners; FINRA Names New Governors
Kara Stein and Michael Piwowar, both former congressional staffers, are new SEC commissioners, replacing Elisse Walter and Troy Paredes.
SEC Pressured by Pols in IRS-Like Controversy: WSJ
The paper claims in an editorial that the agency under Mary Schapiro targeted firms for their political support.
Several notable compliance-related measures have been approved—or tabled—by the Securities and Exchange Commission, Financial Industry Regulatory Authority and state securities regulators over the past couple of months that should be on advisors’ and brokers’ radar.