That result doesn’t sit well with the Investment Adviser Association
Reconciliation touches client fees, trades, expenses, performance, trade errors, allocations, withdrawals and more
Nearly 50 regulatory rules are being considered by the SEC
The adviser didn't disclose that some Clients paid a lower commission rate than others
The SEC specifically notes that these new duties wouldn’t “supplant or by itself satisfy” an IA’s fiduciary duty
Any final rule would replace decades worth of SEC guidance
$60 million awarded in FY 2019
Look for new rules in fiscal year 2020
The 2020 will cover a broad array of topics
“Romeril faces the threat of reopened and renewed prosecution if he speaks up”
“OCIE exceeded its goal and conducted over 3,075 examinations"
Certain records may be exempt from your destruction policy
Two SEC commissioners have expressed their concerns about non-transparent ETFs
Proposed rule's regulatory language regarding testimonials
Peirce suggested being wary of simply counting cases and tallying penalties
A subscriber-request story
It doesn't always pay to listen to the boss
Reactions to the SEC's new slant on marketing
Lessons learned and best practices to bolster your cybersecurity
Rulemaking recommendation on new disclosure framework for variable products coming
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