Variable Annuities a Top Source of Customer Complaints: FINRA
Two top officials at the Financial Industry Regulatory Authority and the Securities and Exchange Commission recently highlighted their concerns regarding annuities.
SEC Begins Exam Sweep of Alt Mutual Funds
The SEC is scrutinizing alternative mutual funds, with an exam sweep targeting 15 to 20 fund complexes.
Aging Advisors: Bad News for Indies, Good News for Wirehouses
New research suggests that custodians and BDs who partner with independent advisors face a serious risk to their business models as advisors age.
SEC Reveals Its 2014 Exam and Enforcement Priorities
Officials at the Securities and Exchange Commission have ushered in an era of more transparency, parting the curtain for advisory firms on what they’ll be scrutinizing as well as which rulemakings are priorities this year.
SEC to CCOs: Don’t Ignore These Issues
Regulators are scrutinizing custody rule violations, cybersecurity, dually registered advisors and more.
SEC Names Choi, Aronow to Key Posts
Choi will be "a vital asset" in the IM Moving Ahead improvement project, while Aronow fills a key spot as "international regulatory arena continues to grow," says SEC Chairwoman Mary Jo White.
The IAA Compliance Conference, Pt. 1: What to Expect From Your Friends in DC
At the Investment Adviser Association’s annual compliance conference, a look at the significant legislative, regulatory and policy developments now being pursued and what’s coming next, especially from the SEC.
SEC’s Champ Outlines ‘IM Moving Ahead’ Initiative
The director of the SEC's Division of Investment Management said Friday that his division had launched an “IM Moving Ahead” initiative to assess where the division had “gaps” and to help the division identify its policy priorities.
Is 2013 the Year of Actively Managed ETFs?
PIMCO star manager Bill Gross’ bond ETF went from zero to nearly $4 billion in AUM in a matter of months. Will a recent regulatory change add to his competitors?
SEC Names Grim Deputy Director of Investment Management
David Grim has worked in the division for 17 years, most recently as assistant chief counsel in its Office of Chief Counsel.