State-Registered Advisors Prep for New Succession Planning Rules
State-registered advisors should act now to prepare for NASAA's upcoming rules requiring business continuity and succession plans, state regulators say.
SEC to Keep Close Eye on Advisors Who Are ‘Highly Successful’ at Rollovers
“The goal is to see whether there is an abuse of rollovers,” says Kevin Goodman, national associate director of the SEC's BD exam program.
NASAA's Crawford on State Regulation of RIAs, Fiduciary: The Weekend Interview
Denise Voigt Crawford, Texas Securities Commissioner and president of NASAA, says states are "ready to go" in regulating the approximately 4,000 extra advisors that will officially shift next year.
As part of a multi-pronged legislative agenda for 2007, state securities regulators plan to lobby hard to have equity-indexed annuities defined as securities, ensure the...
NASAA, the state securities regulators association, reported that between 2004 and 2005, 26% of the 3,635 state enforcement actions dealt with the financial exploitation of...