Regulation And Legislation

Displaying 10528 results
Reinforcing the culture of compliance, industry-wide
PRACTICE MANAGEMENT JUN 06, 2016
Reinforcing the culture of compliance, industry-wide

By taking five steps, firms and their advisers can make sure they have addressed the corporate culture indicators on Finra's radar.

By Dale Brown
REGULATION AND LEGISLATION JUN 06, 2016
The Fiduciary Journey

By Mark Schoeff Jr.
INDEPENDENT BROKER DEALERS JUN 06, 2016
Weeding out rogue brokers

If the industry was really serious about getting rid of rogue brokers, it would do more both individually and through Finra.

By MFXFeeder
Wall St. critic Warren grills Finra's Ketchum on regulator's ability to protect investors
PRACTICE MANAGEMENT JUN 06, 2016
Wall St. critic Warren grills Finra's Ketchum on regulator's ability to protect investors

The U.S. senator raised doubts on Thursday about whether the financial industry can police itself.

By Mark Schoeff Jr.
Investors need to get smarter about their money post-DOL fiduciary rule: panel
REGULATION AND LEGISLATION JUN 03, 2016
Investors need to get smarter about their money post-DOL fiduciary rule: panel

By Alessandra Malito
Finra's BrokerCheck link mandate for adviser websites effective today
PRACTICE MANAGEMENT JUN 03, 2016
Finra's BrokerCheck link mandate for adviser websites effective today

Advisers and firms must clearly reference and link to regulator's search tool on their websites.

By Alessandra Malito
Fidelity 401(k) lawsuit could up ante for plan advisers
RETIREMENT PLANNING JUN 03, 2016
Fidelity 401(k) lawsuit could up ante for plan advisers

Advisers need to scrutinize any sort of markup on a platform they're recommending, making sure it is reasonable.

By Greg Iacurci
Perez, Norquist and others react to anti-DOL fiduciary rule lawsuit
REGULATION AND LEGISLATION JUN 03, 2016
Perez, Norquist and others react to anti-DOL fiduciary rule lawsuit

Groups for and against the rule sound off on the latest development in the DOL's attempt to create a fiduciary standard for retirement advice.

By Tanvi Acharya
Finra fines Raymond James a record $17 million for failures in anti-money laundering program
PRACTICE MANAGEMENT JUN 03, 2016
Finra fines Raymond James a record $17 million for failures in anti-money laundering program

The penalty is the regulator's largest ever relating to anti-money laundering compliance.

By Christine Idzelis
Nine groups file lawsuit to strike down 'capricious' DOL fiduciary rule
REGULATION AND LEGISLATION JUN 02, 2016
Nine groups file lawsuit to strike down 'capricious' DOL fiduciary rule

The U.S. Chamber of Commerce, SIFMA, FSI, IRI, the Financial Services Roundtable and several Texas business groups joined a lawsuit to block the Labor Department's landmark fiduciary regulation. <b><i>(Related read: <a href=&quot;http://www.investmentnews.com/section/fiduciary-focus&quot; target=&quot;_blank&quot;>The DOL fiduciary rule from all angles</a>)</i></b>

By Greg Iacurci
Lawsuit against DOL fiduciary rule could delay implementation indefinitely
REGULATION AND LEGISLATION JUN 02, 2016
Lawsuit against DOL fiduciary rule could delay implementation indefinitely

The lawsuit may push the rule to the next presidential administration, which could ultimately kill the rule.

By Peter Chepucavage
Digital advice is poised to become the apple of asset managers' eyes
FINTECH JUN 02, 2016
Digital advice is poised to become the apple of asset managers' eyes

DOL's rule accelerates an opportunity for these firms to wrap products into advice-driven online platforms.

By Alessandra Malito
Lynn Tilton's challenge to SEC hearings rejected by appeals court
REGULATION AND LEGISLATION JUN 01, 2016
Lynn Tilton's challenge to SEC hearings rejected by appeals court

Fund manager sued last year over allegedly mismarking loans.

By Bloomberg
Err on the side of caution with DOL fiduciary rule, Phyllis Borzi advises
PRACTICE MANAGEMENT JUN 01, 2016
Err on the side of caution with DOL fiduciary rule, Phyllis Borzi advises

New regulation has broad reach, so when in doubt, use the best interest contract exemption, assistant secretary says.

By Liz Skinner
Excessive-fee suit targeting $9 million 401(k) plan could be 'harbinger' for industry
RETIREMENT PLANNING MAY 31, 2016
Excessive-fee suit targeting $9 million 401(k) plan could be 'harbinger' for industry

Lawsuit is perhaps the first example targeting small retirement plans.

By Greg Iacurci
Massachusetts investment adviser Gregg Caplitz sentenced to prison for fraud, SEC says
RIA NEWS MAY 31, 2016
Massachusetts investment adviser Gregg Caplitz sentenced to prison for fraud, SEC says

He pitched a fictitious hedge fund to investors and used their money for his personal benefit

By Christine Idzelis
INDEPENDENT BROKER DEALERS MAY 29, 2016
Raymond James' $17M fine over anti-money-laundering failures should be a wake-up call

In the wake of Raymond James' $17M fine, it's time advisers take regulators' focus on this issue seriously, as rules are only going to get stricter.

By MFXFeeder
ALTERNATIVES MAY 27, 2016
Returns are big, but the jury is still out on lawsuit investing

In addition to risks and returns, advisers need to worry about moral and ethical issues

By Jeff Benjamin
Barred broker Claus Foerster indicted for fraud
REGULATION AND LEGISLATION MAY 27, 2016
Barred broker Claus Foerster indicted for fraud

Indictment alleges clients were defrauded over a 14-year period.

By Christine Idzelis
PRACTICE MANAGEMENT MAY 26, 2016
CFP Board disciplines mark holders over outside business activities, bankruptcies

The 10 cases brought by the organization also include loans to clients, falsifying standing as a CPA and inappropriate investment advice.

By Mark Schoeff Jr.