Regulation

The process of raising standards for the profession continues to be a work in progress. At the CFP Board, we believe that we are raising the bar

Former SEC chairman Arthur Levitt called the lack of an adequate backup plan a “body blow” to the reputation of the New York Stock Exchange. NYSE Euronext called his comments “appallingly and irresponsibly wrong.”

In a continued push to reform regulation for advisors, five independent financial firms have joined the Financial Services Institute.

While community bankers mostly agree that stronger restrictions on a bank's ability to expand into complex activities are necessary, the details are a matter of some debate.

How long must a broker-dealer keep records of accounts that have left the firm?

Are firms doing all they can when it comes to handling material non-public info?

If we want uniform rules on investing recommendations, why stop at advisors?

The CFP Board continually seeks to amplify its message to policymakers by joining with other, similarly focused groups to form a broader advocacy base. Those partnerships, together with the strategic counsel from a clutch of outside experts, have helped the board establish its presence in Washington, even with only a meager staff of three.

Securities and Exchange Commission Chairman Mary Schapiro today made the following statement in the aftermath of Hurricane Sandy.

Neil Bathon, founder of Fuse Research Network, has big plans for the research shop.