Displaying 268 results
Why adviser groups won’t completely shun lawmakers who voted to overturn the 2020 election
The Investment Adviser Association isn't giving to the 147 legislators who voted to decertify presidential results. The Investment Company Institute has suspended donations for now. Other groups left the door open.
Finra CEO wants to extend remote branch office inspections into 2022
Temporary relief from onsite examinations, which began at the start of the pandemic, is set to expire in December.
Finra proposes annual regulatory education
The regulator's proposed rule would also allow brokers to leave the industry and maintain their registration longer if they complete continuing education, a move that could benefit women who step away to have families.
Bills to end mandatory arbitration introduced in House, Senate
The Securities Industry and Financial Markets Association opposes the bill, saying arbitration 'promotes fair, efficient, and economical dispute resolution for all parties.'
DOL nominee Walsh raises concerns about Trump rule curbing ESG retirement investing
Walsh says he will tell EBSA to reexamine the regulation, which an expert says has led to ESG products being taken off of retirement plan platforms.
Reg BI promotes same standard of care across advice models: SEC’s Clayton
'I think it’s going pretty well,' he said about the first four months since implementation
New Jersey financial transaction tax set for Assembly hearing
Amendments to reduce the size of the levy and set an expiration date likely to be considered
Finra proposal to tighten expungement process heads to SEC
The rule would establish a special roster of arbitrators for expungement and set deadlines for requests
Trade groups join push for e-delivery of investment documents
SIFMA, Investment Adviser Association, and others, are pushing the SEC to make electronic delivery the default option
Outspent by Wall Street, investor advocates focus on educating lawmakers on advice issues
One goal is to fortify Democratic opposition to Reg BI
Trade group sues SEC to stop collection of retail investor data
SEC goes too far in gathering names, addresses and birth years for new market surveillance system, group argues
Advisers want CFP continuing education to count toward state requirements
NASAA model rule would require IARs to complete CE to close the regulatory gap with brokers
Advisers split on proposals for financial transaction tax
Some say it’s a smart way for government to raise revenue; others say it penalizes investors
Trade associations plan to step up political spending in campaign year
The Financial Services Institute and an insurance group are among those varying from their pace in previous cycles
SIFMA: State fiduciary rules would lead to elimination of brokerage accounts
CEO Bentsen says states should defer to SEC's Regulation Best Interest.
How regtech is changing compliance at financial firms
Regulation technology spurring changes within departments aimed at meeting financial rules.
Experts warn SEC about perils of loosening private offering rules
Older investors and retirement savers could suffer, they say, but alternatives industry representatives tout portfolio diversification advantages.
Brokerage industry groups dominate campaign spending out of the gate for 2020 cycle
Political donations cross the aisle as lobbyists try to make friends on both sides.
Departure of Alexander Acosta could slow DOL effort to revise fiduciary rule
Acting secretary Patrick Pizzella will have to make political decision to move ahead.
SEC member Peirce to brokers: Talk to us early, often about Reg BI implementation problems
She's willing to advocate for additional compliance time if firms have made a good faith effort.
