New Hire Roundup: Legg Mason Names Hoops Head of Business Development
Also this week in personnel announcements, the MSRB is seeking applications for its board of directors.
Swindling the Elderly: A Real and Growing Problem
A survey of experts including financial planners, securities regulators and medical professionals who deal daily with aging Americans whose cognitive abilities are in decline say the problem of financial exploitation of senior citizens is real, and getting worse.
Risk-Based Oversight of Investment Advisors
Even if the SEC had a larger budget and more resources, it is doubtful that the Commission would have the resources to regularly examine all RIAs. Therefore, the SEC is likely to continue relying on risk-based oversight to fulfill its mission of protecting investors.
How to Avoid Sabotaging Your Compliance Exam
There is much more to compliance examination survival than knowing all of the rules. It helps to understand why the rules were put in placeand to recognize that examiners are not the enemy.
State Securities Regulators Lay Out 2011 Legislative Agenda
State securities regulators laid out their legislative agenda on Wednesday, and among their top priorities will be to fend off attempts to weaken Dodd-Frank and to “push hard” to encourage members of Congress to impose user fees on advisors to help the SEC fund advisor exams.