Recent months have featured a few of these cases, in which compliance staff at financial services firms have been cited for failing to keep a ...
All financial professionals who dispense investment guidance should be required to meet a fiduciary standard, according to 53% of brokers and 86% of investment advisers ...
Last month we shared 11 best practices for CCOs from an SEC regional director (IA Watch, Nov. 23, 2009). The first was to "understand what ...
Congress and the SEC must move ahead to harmonize investment adviser and broker-dealer regimes, extend a "meaningful" fiduciary duty standard to all and install "an ...
Look for a report soon from the SEC Inspector General about two Commission staff attorneys in regional offices of the Enforcement Division who violated agency ...
Investment advisers remain more optimistic than the general public about the market, but even advisers aren't jumping with joy. A new survey of 150 advisers ...
Because the SEC was "severely bruised" by the Madoff embarrassment, expect aggressive agency actions to avoid a repeat and more knowledgeable and inquisitive examiners.This was ...
You've heard about those phony client account statements from Bernard L. Madoff Investment Securities - now you can see one (IA Watch, Nov. 13, 2009). ...
Not only will 2009 become history when this month ends but, barring SEC action, so will a two-year-old temporary rule that allows dually registered firms ...
As the House prepares to vote the week of Dec. 7th on comprehensive financial regulatory reform legislation, the head of the North American Securities Administrators ...