Finra says it is investigating REIT maven Tony Thompson for allegedly failing to turn over documents to the regulator. Bruce Kelly reports.
Finra boss Rick Ketchum says there's little chance of RIAs coming under the self-regulator's aegis. The upshot? Finra will focus more heavily on other issues.
Policy Architect will help advisory firms and broker-dealers keep policy manuals up to date, among other features.
Succeeds Elisse Walter, who remains a commissioner.
Alternative benchmark would close 25% of 75-year shortfall.
Recruitment hits lull ahead of clients' filing; 'lot of movement in May'
Massachusetts securities cops want background checks on would-be advisers. And some industry experts say the move could catch on in other states.
After several years of heavy cost cutting by advisory organizations, a small majority of 331 independent advisers surveyed by <i>InvestmentNews</i> — including both broker-dealers and registered investment advisers — plan to spend more on technology this year than last.
Providers make use of micro-booths to demo for advisers
SEC's Walter warns that at smaller shops, compliance can fall between the cracks.
NASAA says hikes mark first boost in four years
Appeals court in California says brokerage firms can force employees to hold accounts in-house, that flexibility in in trading policies rules.
Mary Beth Franklin looks at the Government Pension Offset, which can can turn retirement planning upside down.
NASAA also backs SEC exam user fee, wants crowd-funding redress.
Agency still hasn't gotten down to brass tacks on what rule would cost
