5 New Compliance Headaches for Advisors, BDs
As Labor Day approaches, here are five big compliance developments advisors may have missed in recent months.
SEC Must Target Form ADV Changes to Reduce Advisor Costs: IAA
IAA tells SEC to focus a 'particularly keen eye' on disproportionate costs to small advisors under its request for more SMA data on Form ADV.
Aiding and Abetting: How Client Wrongdoing Can Hurt You
Most financial advisors would refuse to aid and abet a client in breaking the law. But sometimes the situation isn't so clear-cut.
SEC, Industry Experts Issue Stern Warnings to CCOs
Chief compliance officers received a number of stern warnings on Thursday during the Investment Adviser Association’s annual compliance conference just outside Washington.
Investment advisors and mutual funds are prodding the Securities and Exchange Commission to revamp and curtail its use of its new two-year examination schedule called...