FSI Offers Disclosure Alternative to BICE
The lobbying group suggests that firms should offer a concise disclosure at the point of sale with a more detailed disclosure available on their websites.
SEC Provides Relief to Advisors, BDs From European MiFID II Rules
The action reduces “the substantial uncertainty our members have lived under as they have tried to plan for implementation of MiFID II," said IAA's Barr.
Titles in Focus (Again)
Is truth in advertising the solution to investor confusion?
Zenefits Settles With SEC Over Charges It Misled Investors
The company and its former CEO have not admitted any wrongdoing.
Treasury Backs DOL Fiduciary Rule Delay
A just-released Treasury report also calls for more annuity access in 401(k) plans and a "plain vanilla" ETF rule from the SEC.
Former Chief of Staff to SEC's White Joins Shearman & Sterling
Former SEC IM director Buddy Donohue is now counsel in the firm's Investment Funds practice in New York.
New Beneficial Ownership Rules Around the Corner: Are BDs Ready?
Starting May 11, 2018, compliance officers at broker-dealers will have one more responsibility to add to their checklists.
New SEC Task Force to Use Data to Root Out Advisor Fraud
The task force will use data analytics to spot misconduct like mutual fund share class and wrap-fee account abuse.
More Retirement Plans Add Auto-Enrollment, Auto-Escalation Features
A survey by Alight Solutions covering nearly 10 million employees and $775 billion in assets found an increase in these savings-boosting strategies.
Former Apollo Partner Charged With Secretly Billing Clients for Vacations, Salon Visits: Enforcement
The SEC also obtained a judgment against a real estate developer who fled after being convicted of insider trading.