Displaying 236 results
Deluge of comment letters to SEC shows usual split on raising broker standards
Industry groups support SEC advice rule proposal, investor advocates call for overhaul.
Brokerages unnerved by parts of SEC advice rule that echo DOL fiduciary rule
Industry lobbyist suggests regulator avoid 'prescriptive' language for mitigating conflicts.
Working with children on financial literacy requires a unique approach
With 'edutainment,' the trick is teaching fundamental concepts in a fun way.
Missouri lawmaker says don’t worry, law won’t curb use of CFP designation
CFP Board, FSI oppose new law prohibiting use of terms "certification" or "registration" for credentials not approved by state.
Justice Department lets deadline to defend DOL fiduciary rule pass. What’s next?
The DOJ had until Monday to appeal a split decision in the 5th Circuit Court of Appeals that struck down the regulation. Does that mean it's dead?
Finra should let brokerages decide whether to supervise unaffiliated RIAs, FSI says
But dually registered advisers back the regulator's effort to get broker-dealers out of their hair.
Finra touts improvements during first year of Finra 360 operational review
Critics say the changes so far don't go far enough.
One adviser’s journey to becoming a citizen advocate
FSI member Bradley Brown spent years lobbying the Ohio legislature for reforms in the state's rules on UTMA accounts.
State efforts on fiduciary standards slow
Maryland senator pulls provision requiring such duty from bill, Nevada's time line for regulation remains uncertain.
CFP Board expands fiduciary duty for financial advisers
New rule, effective in 2019, requires best-interest standard in all aspects of financial advice.
DOL proposal on association health plans could help advisers
Allowing groups to negotiate health plans with insurers could make it easier for small businesses to find affordable coverage.
Appeals court upholds DOL fiduciary rule in case involving fixed indexed annuities
Market Synergy Group argued the regulation treated the annuity products arbitrarily and violated rulemaking procedures.
FSI aims for workable best-interest standard this year
Group supports the SEC's effort to establish a uniform standard of care.
Galvin’s DOL fiduciary rule enforcement triggers industry plea for court decision
Plaintiffs warned the Fifth Circuit that Massachusetts' move against Scottrade signaled that the partially implemented regulation can raise costs for financial firms.
Finra: More than a quarter of arbitration awards go unpaid
Brokerage regulator seeks to involve SEC, Congress in solutions.
Eight brokerage firms urge CFP Board to delay new fiduciary standards
Ameriprise, AXA Advisors, Edward Jones, LPL, Morgan Stanley, RBC, Wells Fargo and UBS call on organization to stand down until SEC proposes its own rule later this year.
FSI urges members to engage regulators, lawmakers
Financial Services Institute challenges members to engage regulators, political leaders on key issues.
Major financial trade groups to CFP Board: Slow the effort to raise mark’s fiduciary standard
Major financial trade groups want the Securities and Exchange Commission to go first.
Finra releases budget for first time, foresees declining operating revenues
Regulator reveals plans to hold senior officer salaries flat, and other financials, in transparency effort.
Court decision on DOL fiduciary rule expected in February
Opponents and advocates of the regulation have been waiting for months for the Fifth Circuit Court of Appeals in New Orleans to issue its opinion.
