Regulatory guidance

The industry watchdog continues its recently adopted practice of giving firms monthslong advance warning of its examination priorities before the start of the new year.

Although they praise certain changes in a rule up for SEC approval, client attorneys and researchers say the process has further flaws.

The litigation reveals how wealth managers’ deals with product sponsors work and how one with a former Voya unit went awry.

In releasing their annual snapshot, state securities agency officials pledged to provide clarity around the compliance headache for small practices.

Peggy Ho built the rival firm’s government relations team, and she’s joining the new firm at a pivotal time in wealth management regulation.

The legislation re-introduced in Congress could give more clients the option of seeking damages through the courts.

Impact investment manager Rachel Robasciotti and other advocates say the private proceedings are harmful to victims and helpful to firms protecting serial harassers.

The investments can pose substantially more risks than typical initial public offerings.

the Labor Department said it wouldn’t enforce Trump-era rules for fund investments or proxy voting, nor will it sanction retirement plans that don’t comply with the regulations.

The regulator will be stepping up scrutiny of advisors on this issue and others, including ESG and cybersecurity.

Consumer advocates are calling for Gary Gensler to toss out Reg BI as wealth managers aim to keep the prior administration’s rule in place.

SEC cases that go beyond faulting firms for their failure to disclose conflicts of interest have drawn pushback from the industry.

The worst fiscal crisis in decades is pitting U.S. states against one another over billions in taxes from residents working from home.

Five firms agreed to pay $3 million to settle an SEC investigation into unsuitable sales of complex exchange-traded products.

OCIE's recent exam initiative uncovers widespread supervision shortfalls in large, geographically dispersed firms.

But the regulator also ordered record payouts in 2020, including restitution through a self-reporting program that drew industry ire.

Unclear — or no — disclosures were among a number of concerns regulatory officials expressed about initial examinations.

CEO Jamie Price says the change will reduce potential conflicts of interest related to transaction fees and come with lower prices in wrap accounts.

Insiders see a Democratic administration backing tightened investor protections as industry advocates look to tax legislation.

The advisor allegedly used an omnibus trading account to help himself and hurt his clients to the tune of tens of thousands of dollars, according to the regulator.