5 New Compliance Headaches for Advisors, BDs
As Labor Day approaches, here are five big compliance developments advisors may have missed in recent months.
For Once, Two Certainties in D.C.: New SEC Commissioners, DOL Fiduciary Rule
The New Year — yes, I’m talking about 2016 already — will bring with it two certainties: A final fiduciary rule will be unveiled and new commissioners will arrive at the SEC.
Arthur Levitt: SEC Deadlocked on Fiduciary, Advisors Need DOL Rule
As the Investment Advisers Act turns 75, ex-SEC Chairman Arthur Levitt, CFA’s Barbara Roper and more discuss why the industry needs a strong fiduciary standard.
SEC, FBI Bust Hacking Ring That Stole Earnings Reports Then Sold Them
An international hacking operation stole pre-release earnings information on companies from newswire services then conducted insider trades.
Firms Must Report CEO-to-Worker Pay Ratio Under New SEC Rule
The “controversial, contentious” rule garnered a whopping 287,400 comment letters, SEC Chairwoman White said.
SEC’s Gallagher Doubts DOL’s Willingness to Listen
The proposed fiduciary rule is based on a "misguided notion" that fee-based compensation is always superior, the commissioner says.
Cybersecurity ‘Not Owned’ by Compliance but Shared: FINRA Exec
Cybersecurity is “an operational risk issue,” said FINRA’s Daniel Sibears.
The SEC and FINRA Proclaim: Trust No One!
Our industry doesn't deserve to be painted by regulators with the lowest common denominator. Case in point: the SEC actions against CCOs
New York Stock Exchange Suspends Trading
Equity trading was halted at the NYSE as the biggest American share venue addressed a computer malfunction and canceled open orders.
8 Top Concerns of SEC Investor Advocate
Millennials, fiduciary duty and retirement readiness are on the investor advocate’s policy agenda for fiscal year 2016.