Massachusetts Floats Criminal Background Checks for Advisors
The Massachusetts Securities Division is seeking comment on whether to require criminal background checks for advisors registering in the state.
7 Tips to Avoid SEC Compliance Audits When Marketing
Compliance expert Nancy Lininger offers rules of thumb on avoiding the flags that SEC auditors are looking for in marketing materials.
FINRA to Restructure BrokerCheck, Giving Investors More Power
Proposed changes include not only unifying BrokerCheck and the SEC’s IAPD system, but also divulging broker/advisor test scores.
4 Key Areas SEC Examiners Will Scrutinize in 2012: Giachetti
Client privacy, branch supervision and money manager due diligence top Tom Giachetti's compliance list. And make sure your CCO has real power and knowledge.
Advisors Urged to Act Now on Compliance
Advisors, listen up: if you aren’t already doing all the things your compliance manual and supervisor say you are, you’d better start.
Confusion About New FINRA Rule Requiring Back-Office Staff Exams—Compliance Watch
Two areas of uncertainty remain for BDs regarding FINRA's new rule requiring operations personnel to take a FINRA exam: which personnel must take the exam and which exam they will take.
The Practice Blog: Sifting Through the Fiduciary Comments
Of the thousands of comment letters that the SEC received before it started the formal study of putting brokers under a fiduciary standard of care, one caught my eye.
As SEC Fiduciary Comment Deadline Arrives, Groups Polish Responses
Monday, August 30, marks the last day the Securities and Exchange Commission (SEC) officially accepts comment letters regarding the study the securities regulator is to conduct on putting brokers under a fiduciary standard of care.
Ready for a Rebound
With the credit crisis, real estate dive and market meltdown, 2008 is a year we would all like to forget. Our best advice: Don't. The...
Spring is here and with it, increased SEC regulation. All RIAs want to put their clients' interests first. If only compliance didn't cost advisors so...