The Practice: Regulatory/legal issues
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June 16, 2017Nevada Makes Its Own Fiduciary RuleAs of July, the rule will apply to investment advisors and broker-dealers alike.No Comments
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June 15, 2017SEC: RIAs Are Worse Than BDs at CybersecurityRegulator says advice firms are missing key steps in cyber security preparedness.No Comments
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June 15, 2017Well Fargo Expelled Reps Going to AmeripriseAt least three members of a 15-person team were allowed to resign over alleged annuity sales issues.No Comments
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June 15, 2017Ex-Citigroup Rep Faces Charges From New York AGInvestment advisor allegedly defrauded elderly investors.No Comments
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June 14, 2017Compliance Is Everyone's BusinessA culture of compliance should be in the DNA of every firm.No Comments
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June 14, 2017Ex-Morgan Stanley Broker Accused of Concealing LossesAdvisor allegedly misrepresented the size of a client’s account to hide losses.No Comments
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June 14, 2017Schwab Sees FAs Adding Services Without Upping FeesStudy finds advisors nonetheless confident about growth prospects.No Comments
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June 13, 2017Are Clients Now Asking About the Fiduciary Rule?
After a bumpy ride — and more sure to come — the Department of Labor's fiduciary rule finally rolled out for partial implementation last Friday. But do clients know or care about the definition of a fiduciary, new disclosure rules or best interest contract exemption forms? Have you had any queries from your clients about any of these things? Give us specifics in the comments section.
Last Comment: June 13, 2017
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June 13, 2017Advisors Weigh in on Personal Meaning of FiduciaryFAs have their own ways of gauging how they adhere to the standard.Last Comment: June 13, 2017
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June 13, 2017Merrill Lynch Faces $25M Settlement Over 401(k) FeesCase involves failure to pass on mutual fund sales fee waivers.No Comments
