SEC Slams 21 Advisors, 6 BDs Over Form CRS Failures
By Melanie WaddellThe exam chief said in March that examiners "had identified hundreds of firms that we believed should have filed a Form CRS but didn't."
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.
May 14, 2021
SEC's Crenshaw Wants Investor Testing on Reg BI, Form CRSInvestor testing is needed to ensure the disclosure-based rules are working, said SEC's Crenshaw.
April 21, 2021
Rollovers, Revenue Sharing Could Be in Examiners' Sights: SEC's PeirceThe SEC commissioner discusses what advisors can expect from exams in terms of Reg BI compliance.
April 20, 2021
Consumer Group Presses SEC's Gensler to Define 'Best Interest'Spelling out this definition is the only way to ensure Reg BI has any teeth, consumer advocate Barbara Roper says.
March 25, 2021
Idaho and North Dakota Adopt Annuity Sales Standards UpdatesVirginia's update is still in progress.