Kitces' XY Planning Urges SEC to Block Brokers From Offering Financial Plans
By Melanie WaddellSuch services are beyond the scope of "solely incidental" advice, says XYPN, which also wants the SEC to tighten rules around advisor titles.
August 17, 2021
Connecticut Insurance Department Adopts Best-Interest Annuity RuleConnecticut is the 16th state to adopt the NAIC rule.
July 26, 2021
SEC Slams 21 Advisors, 6 BDs Over Form CRS FailuresThe exam chief said in March that examiners "had identified hundreds of firms that we believed should have filed a Form CRS but didn't."
July 26, 2021
All Eyes on Gensler to Define 'Best Interest' in SEC RuleSEC Chairman Gary Gensler will likely define the term as "many different audiences" await an answer, Blaine Aikin says.
July 14, 2021
Pete Driscoll, SEC Exam Chief, to DepartDriscoll leaves the SEC as the agency conducts Phase 2 Regulation Best Interest exams.
June 14, 2021
SEC Plans More Changes to Accredited Investor DefinitionRules around money market funds, ESG, gamification, a shortened settlement cycle and advisor custody are also on the SECs agenda.
June 07, 2021
SEC Plans Hiring Push for Exams, Enforcement in 2022The SEC hopes to hire 65 people to cope with challenges like implementing Reg BI and examining the growing number of RIAs.
May 21, 2021
Reg BI Exams: Here's What to ExpectAreas of focus include rollovers, fees and complex products.