Regulation and compliance
Regulation and compliance
-
The Justice Department and SEC have been cracking down on hedge funds' use of firms that are paid to offer insights on Washington policy that could move stock prices.
November 2 -
The early decision stops advisers from earning commissions on products that will also generate fees through the firm's Investment Advisory Program.
November 2 -
Following Commonwealth Financial Network's decision to cut its commission-based retirement business, some competitors head in the opposite direction.
November 1 -
With the fiduciary rule coming, advisers who have a great offer on the table better act fast, says one headhunter.
November 1 -
A planner tells compliance expert Alan J. Foxman that he's concerned a court-appointed guardian is not acting in an aging client's best interests.
October 31 -
New guidance from the Department of Labor provides conditions under which firms can offer bonuses and other compensation incentives.
October 31 -
The recording casts doubt on the CFP Board's claim that all CFPs are fiduciaries.
October 31 -
In an informal poll, the majority of banks and credit unions have made a definitive decision to no longer accept soft marketing dollars.
October 31 -
Some managers have been quick to respond with new robo platforms and recalibrated offerings for fiduciary advice.
October 31 -
FINRA plans to add 1,000 new arbitrators this year to improve its troubled dispute resolution process, but offers few new details on some of its largest challenges.
October 28 -
The regulator is asking firms to provide details of their cross-selling programs, including incentives offered brokers and other employees.
October 28 -
Mirae Asset Global Investments said it is building its cash position in one of its Asia bond funds during the U.S. presidential campaign.
October 28 -
The decision is effective immediately and was made within hours of the Department of Labor issuing new regulatory guidance on the fiduciary rule's implications.
October 27 -
That extra back-end comp "can create acute conflicts of interest," the Department of Labor says in newly provided regulatory guidance.
October 27 -
Lawyers will likely become "very industrious … and once the trial bar is on to something, you know regulators will look,” a Schwab exec predicts.
October 27 -
"We fully expect to offer a range of options to help our clients," CEO Paul Reilly said.
October 27 -
The new rule will lead to lower built-in commissions, enhanced agent/advisor education, and increased regulation of indexed annuities.
October 26 -
Unlike its rival, Morgan will keep commission-based retirement accounts under the new regulation's best interest contract exemption.
October 26 -
As the industry shifts in response to developments in the regulatory and technological space, what can advisers expect? Here are ten takeaways from a new Schwab study.
October 26 -
CEO Jim Cracchiolo said the firm will still offer variety on its platform, but that it needs to make sure products are "appropriate for the client."
October 26














