The agency is seeking additional information from the firms as well as competitors and advisors.

Advisors can protect clients’ estate planning goals post-Secure Act but the vehicle will have to change.

“It’s like nuclear fallout. The bomb didn’t drop on you but you were within five miles of it," said Alan Johnson, managing director of compensation consultant Johnson Associates.

Faced with the retention risk from the RIA-only channel, firms are trying to alter their company cultures and questioning traditional approaches.

Relief comes as a result of the short notice firms were originally given to comply with the Secure Act, the agency says.

The IBD advocacy group expects no letup in enforcement by the regulator — with wide ramifications across wealth management hanging in the balance.

Make sure not to confuse it with the SEC’s self-reporting program.

President Jim Fitzpatrick plans to address changing approaches to distribution and data management, and place more focus on diversity and inclusion.

It’s been a long tail for the firm that began with the 2016 revelation that employees had opened millions of fake accounts to meet sales goals.

“The bank had better tools and systems to detect employees who did not meet unreasonable sales goals than it did to catch employees” engaging in misconduct, the regulator said.

The FTC wants buyers and sellers to identify their largest shareholders, the extent of their influence and any communications they’ve had, sources say.

The bank's former chief executive will pay a $17.5 million penalty and be banned from the industry.

FINRA blocked the influential advisor and wealth management entrepreneur on one case, but an arbitrator backed him on another.

Although the federal penalty was axed for those who failed to register for a plan, some states will continue to impose the coverage mandates.

The technology provider has become a leading data aggregator. But questions have surfaced about its use of customer data.

The SEC examined approximately 2,180 RIAs in 2019.

Trade groups warn that a proposal could end commissions in the state and play into a "fractured" regulatory environment nationwide.

The potential for higher taxes next year may accelerate deals.

SEC-mandated disclosures for dual registrants could put clients off brokerage options, some suggest.

From closed-end funds to Reg BI, here's what could be playing out this year.