8 Tips for Advisors to Avoid Digital Asset Legal, Compliance Headaches
By Jeff BermanAdvisors must make sure they follow their firms' policies and procedures, as well as legal compliance requirements, attorney Max Schatzow says.
October 06, 2021
Auto-IRA Provision in House Tax Bill Violates Securities Laws: ASA"Current securities laws prevent an employer from establishing an IRA on behalf of an individual," said American Securities Association CEO Chris Iacovella.
October 06, 2021
NASAA Wants to Rein in Advisors Who Fail to Pay Arb AwardsPublic comments are sought about model rules that could prompt enforcement actions by NASAA members against violators.
October 06, 2021
Cathie Wood's Ark Leaving New York for FloridaThe firm will open its new headquarters on Nov. 1 in St. Petersburg, which is home to Raymond James and Dynasty Financial.
October 06, 2021
Morgan Stanley's Mike Wilson Warns of Fresh Stock-Market Pain"We've been calling for this 10-20% correction that would be led by tech stocks," said the chief investment officer and U.S. equity strategist.
October 06, 2021
SEC Is Stretched Thin, Gensler TestifiesExam division staff has remained relatively flat despite recent growth of more than 20% in the number of RIAs, Gensler said.
October 05, 2021
Crypto Universe 'Too Large to Ignore': BofA SecuritiesThe brokerage arm of BofA has just issued a 141-page report extolling the growing importance of digital assets.
October 05, 2021
SEC Chief Says the U.S. Won't Ban CryptocurrenciesThe U.S. won't follow China's lead in banning digital tokens and remains focused on investor and consumer protection rules, says Gary Gensler.