SEC

The new database is a good first step in helping to address gaps in the oversight of advisors, but more needs to be done, say industry observers.

“People need to know what the rules are,” an industry consultant says.

The department's proposal furthers efforts to undo the controversial regulation.

With the compliance deadline nearing, regulators have yet to make key decisions on dark pools, rules clashes with foreign markets and data collection.

Tom Buck was once a top-ranked Barron's advisor at the wirehouse, where he worked for more than 30 years.

Institutions are regularly compiling large amounts of data in their quest for enhanced disclosure, an expert writes.

Speaking to hundreds of industry executives, Jay Clayton said his agency can't simply supplant the Department of Labor.

The manager expects the rule would remove some of the impediments faced by wannabe ETF issuers.

Two hundred fraudulent wire transfers were made over more than a decade, says the regulator.

The independent broker-dealer’s executive team hopes the SEC works with the DoL to develop an industry standard.