Potential compliance landmines

Even for advisors who stick to the ethical high road, it doesn’t hurt to know where potential compliance landmines lurk. Here’s a look at several areas where it’s suggested they tread most gingerly:

• Any products with which suitability is a common issue
• Client privacy and security of data
• Seminars
• New products and instruments
• Workplace investment advisory programs created by the 2006 Pension Protection Act