Adviser Regulation

January 15, 2012

A call for responsible social-media usage

BE WARNED: FINRA'S RECENT capitulation over proposed reporting requirements for social-media postings shouldn't be interpreted as a sign that the self-regulator is throwing open the social-networking floodgates for broker-dealers and their representatives. In an update to a package ...

January 4, 2012

10 legislative and regulatory developments advisers need to know

By Mark Schoeff Jr.

Finra backs off social media regs, also aims to hike transaction fees; Congress extends payroll tax deduction - and a millionaires' tax continues to bounce back after multiple rejections. More on these recent developments and other key happenings on The Hill that will impact financial advisers.

January 1, 2012

Retirement plan brokers outsource fiduciary duties

By Darla Mercado

As the Labor Department and lobbyists wrangle over who can provide advice to retirement plan participants, the marketplace has come up with an increasingly popular solution that satisfies current and potential requirements.

January 1, 2012

Resolve to be a better adviser

While most of us are already well on our way to breaking our New Year's resolutions to lose weight, exercise more or declutter our desks, here are some ideas for resolutions that financial advisers might want to consider — and stick to — for 2012.

January 1, 2012

SEC alleges firm inflated AUM to attract clients

By Liz Skinner

A Chicago investment adviser and its principal lured investors into two funds of hedge funds the firm managed by �grossly exaggerating� the firm's assets under management and making other false and misleading statements, according to the Securities and Exchange Commission. According ...

November 9, 2011

GOP now talking taxes, but Dems say they're talking through their hats

Republicans OK with axing tax deductions for the rich, but marginal tax rates still a bone of contention

October 30, 2011

Vigilant compliance must be grounded by ethics

The following is an edited version of an Oct. 17 speech by Carlo V. di Florio, director of the Securities and Exchange Commission's Office of Compliance Inspections and Examinations, at the annual meeting of the National Society of Compliance Professionals in Baltimore

October 27, 2011

Study will recommend that accountants examine advisers

By Liz Skinner

White paper by Georgetown professor will broaden — and stir up — discussion, TD Ameritrade's Bradley predicts

October 9, 2011

State securities cops find more compliance violations

By Liz Skinner

In their biennial tracking of the compliance violations of small investment advisers, state regulators have found a slight uptick in deficiencies per adviser, with about 45% of advisers found to have at least one books-and-records violation