Regulatory guidance

Jack Brod, the chair-elect of the board of directors, plans to heighten enforcement efforts to ensure CFPs are consistently acting as fiduciaries.

The firm arranged to make transactions differently on the days that it was required to calculate its reserve deposits, the regulator says.

Before agreeing to settle a client’s complaint, advisors should look for this key clause in the contract.

While such an act may seem like career suicide, it can in fact be a move to do just the opposite, according to attorneys.

The break on qualified business income will save company owners an estimated $415 billion over the next decade. Are your clients eligible?

A pen and paper or more advanced methods of documentation can save financial advisors from a variety of troubles.

The ruling scuttles the state AGs' bid to win reconsideration of the DoL’s regulation.

The regulator will save members tens of millions of dollars by helping them verify advisors’ Form U4 financial disclosures, Robert Cook says.

Firms are required to verify their procedures are reasonable, but they also must tailor their supervision to individual advisors, and sometimes that means crafting higher level of oversight for some people.

NASAA President Joseph Borg also vowed to work with SEC Chairman Jay Clayton’s team on improvements to the Regulation Best Interest proposal.

The firm failed to accurately describe the costs and benefits of exchanging variable annuities and recommended exchanges without knowing if they were suitable, FINRA said.

In addition to being fired, advisors could also face suspension and fines — all from the carelessness of not carefully reading one simple question.

Wall Street whistleblowers just got another reason to take their gripes directly to the SEC.

How often should CCOs pay a visit to branch offices?

Jamie Price doesn’t expect the firm's advisors to have any problem with a new standard after taking steps to comply with the more restrictive DOL rule.

The commission's new risk alert focuses on fees and expenses and amplifies its focus on disclosures and compensation structures.

Advisors should conduct a comprehensive suitability analysis before initiating 1035 exchanges.

The misconduct is so pervasive that the regulator is temporarily allowing violators to come forward.

When your client is a foreign national, it pays to find out if the same regulations apply.

In addition to winning a $25,000 award, ex-J.P. Morgan rep Mihail Naumovski was able to expunge erroneous information on his Form U5 that he violated investment-related regulations.