What's Next for the Fiduciary Standard?
While the industry awaits a decision by the SEC on whether it will move forward with a uniform fiduciary rule for brokers and advisors, fiduciary advocates will engage this month in a debate about the importance of the two fiduciary rulemakings being considered by the SEC and the DOL.
‘New Round’ of Fiduciary Feedback May Be Needed: SEC Markets Chief
Development of a list of fiduciary rulemaking possibilities "is still in process,” SEC's Stephen Luparello said.
FINRA Regulatory Head Luparello Leaving to Join D.C. Law Firm
FINRA announced Tuesday that Vice Chairman Stephen Luparello, who has been at FINRA and the NASD for more than 16 years, is leaving to join the WilmerHale law firm in Washington.
SEC, FINRA Issue Joint Alert on BD Branch Inspections
The SEC's Office of Compliance Inspections and Examinations and FINRA issued on Wednesday a Risk Alert and a Regulatory Notice on broker-dealer branch inspections, and offered suggestions to help securities industry firms better perform this key supervisory function.
FINRA Names Bennett New Head of Enforcement
J. Bradley Bennett has been chosen to serve as the new head of FINRA's Enforcement Division.