Survey shows compliance costs on the rise
Regulatory/Compliance A poll by WealthManagement.com shows that firms have increased their compliance budgets by 9 percent on average. The publication polled about... Read More
SEC moving forward with fiduciary rule
Regulatory/Compliance The SEC is working on a fiduciary rule proposal, Jay Clayton, the agency’s chairman, said this week during a hearing by... Read More
Exams reveal 700 cyber-security deficiencies at state-registered firms
The North American Securities Administrators Administration recently announced that state securities regulators identified close to 700 cybersecruity deficiencies during 1,200 exams of... Read More
FINRA to allow access to bulk data from BrokerCheck site
Regulatory/Compliance FINRA has made a recent policy change regarding information on its BrokerCheck system and will allow the public to access bulk... Read More
Changes due for reverse mortgages
Regulatory/Compliance The Department of Housing and Urban Development has issued new rules that will boost the costs of reverse mortgages and reduce... Read More
NPH purchase could pose compliance risks
LPL’s recently announced purchase of National Planning Holdings could present some compliance and recruiting troubles, according to an article at Financial Planning.... Read More
Fiduciary rule delay could mean more ‘agony’
Regulatory/Compliance The DOL is seeking an 18-month delay in the implementation of the fiduciary rule’s more burdensome transaction exemptions, a move that... Read More
Compliance pitfalls of nonprofit boards
Serving on the board of a charity or nonprofit can be a good way to give back to the community and network... Read More
Navigating Compliance Oversight When Blogging As A Financial Advisor
SEC Chairman Jay Clayton has said he and the Labor Department will work together on moving the fiduciary rule forward, according to... Read More