Compliance

Regulations to keep bad actors out of U.S. financial markets could soon apply to RIAs.

"You're going to turn around," a federal judge instructed advisor Charles Banks, "and you're going to talk to all these people that you have caused pain for, face to face."

Jay Clayton acknowledged in testimony on Capitol Hill that it's a “very complicated issue.”

The adviser refused to provide the regulator with the documents it needed to investigate allegations that he converted funds from a bank customer.

The regulation, which has broad support among RIAs, has spurred firms to streamline policies and procedures, according to a new study.

Regulators now use deeper dives into specific areas rather than broad probes, experts say.

Even as the board seeks stricter fiduciary rules, there are concerns about loopholes on conflicts and commissions.

Custodied assets from advisers are shifting in unexpected ways, as Financial Planning’s exclusive research shows.

It allows more flexibility than some may think, according to executives from the two firms.

Even as the agency refines its approach to spurring good cybersecurity practices in advisers, its expectations aren't slackening. Here’s what to expect.

One key factor is the adviser’s tone during the exam – is it conciliatory or defiant? And remember, the examination and enforcement divisions know each other.

The cases stem from the investment advice given by a now barred broker, who is accused of soliciting funds for a Miami Beach nightclub he owned.

Robert Cook said wealth management firms "must do their part."

The truth is, many investors would be horrified to learn the true extent of the fees they pay.

With the Labor Department and SEC signaling further potential changes in the regulatory framework, here's what advisers need to know now.

Leading RIA custodian is warning that BIC disclosures, legal liability in second wave of DoL rule could be devastating for small advisers.

Advisers may think their firm’s credibility stems from a big number. That’s not to say they should misrepresent their assets under management, Michael Kitces writes.

Experts stress that advisers are on the frontlines in detecting when senior clients suffer from diminished capacity or fall victim to abuse.

They seek a refund and damages after they said the firm directed them to its Thinkorswim website, according to a FINRA arbitration filing.

The challenges of new regulations may actually allow independent firms to grow and thrive—particularly those which embrace these four advice-centric features.