The SEC’s move to step up enforcement actions against investment advisers is only the tip of the iceberg, according to one former SEC official. “An enforcement wave is coming,” said Jordan Thomas, a partner at Labaton Sucharow LLP and former assistant director at the Securities and Exchange Commission’s asset management unit. “The world is about to change for investment advisers.” Last week alone, three advisory firms were charged with having inadequate or nonexistent compliance programs, charges which came shortly after the agency reported that it filed a record 146 actions against investment advisers in fiscal 2011, a 30 percent increase over the previous year.
The HHS exchange program now has seven "enhanced direct enrollment partners."
Low Medicaid reimbursement rates for nursing homes are hurting the quality of care, by keeping operators from offering high enough wages to attract…
The funds say they have the right to make unlimited deposits into high-yielding life policies.
Sponsored by Lincoln Financial Group
Make sure all your clients are equipped to understand and follow your advice!
Sponsored by Smarsh
Using social media effectively, while remaining compliant with key regulations, can be tricky. But it’s a necessary step you must take to build your business.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.