SEC Needs Budget Boost to Enforce Reg BI: IRI to Senators
By Melanie WaddellThe SEC is seeking an 8% increase in its budget for fiscal year 2023, part of which will go toward oversight of Reg BI compliance.
June 27, 2022
Ron Rhoades Makes 5 Predictions for the Future of AdviceAmong them: Flat fees will gain ground, and RIAs will expand the annuity market.
June 27, 2022
5 Rules the SEC Plans to Review This YearThe SEC's annual "Reg Flex" agenda is notable for what is not on it, Ron Rhoades says.
June 16, 2022
In First Reg BI Action, SEC Hits BD Over Sales of Risky Bonds to RetireesConsumer advocate Micah Hauptman says he's glad to see the rule enforced "in a way that should send a strong message."
June 03, 2022
A Top LPL Advisor and Advocate Talks Secure Act 2.0, DOL Fiduciary RuleLPL Government Relations Council chair Judy VanArsdale, also a top-ranked advisor, says her clients appreciate her advocacy efforts.
May 17, 2022
SEC Budget Boost Would Support 5% More Advisor Examiners: GenslerThe SEC exam division also needs to step up Reg BI exams for BDs, Gensler will tell the House Appropriations Committee.
May 17, 2022
More Reg BI Rollover Guidance Likely on Its Way: SEC ChiefThe agency may elaborate on guidance it gave in March, Gary Gensler said at a NASAA conference.
May 06, 2022
Edelman, Nadig Say FINRA Complex Product Ideas Are 'Unworkable,' TerrifyingFINRA's potential definition of complex products is so broad it could include target date funds, Dave Nadig says.