Advisors Selling Annuities, Beware: CFP Standards and NAIC Annuity Sales Rules Differ
By John ManganaroWhen CFP Board rules are stricter than NAIC rules, CFPs must follow the higher standard of care.
September 12, 2023
10 States Where Annuity Sales Rules Still Look DifferentAny lingering conflicts between the states could help the SEC expand its reach.
September 05, 2023
FINRA Hits Another BD With Reg BI-Related FineNetwork 1 Securities did not establish, maintain and enforce a supervisory system to comply with Reg BI's care obligation.
August 07, 2023
The SEC's New AI Plan Expands Reg BI — and MoreIndustry attorneys say the plan would impose potentially burdensome conflict-of-interest requirements on BDs and advisors.
July 28, 2023
State Lawmaker Group Attacks DOL Fiduciary Rule RevivalCarl Anderson, NCOIL's life chair, said a return of the 2016 rule would hurt state insurance regulation.
May 23, 2023
FINRA Fines 5 Firms for Reg BI, Form CRS ViolationsSome firms failed to file a timely Form CRS while others failed to acknowledge prior disciplinary history.
May 19, 2023
More Sweeps, Reg BI Cases on the WayMore Reg BI-related cases are "in the pipeline," said Christopher Kelly, FINRA's acting enforcement director.
May 19, 2023
Study Up! SEC Reg BI Bulletins Will Be Used in Exams, Compliance Pros SayThe bulletins are "essentially a roadmap" to what examiners will focus on, Commonwealth's Peggy Ho says.