When it all shakes out, FINRA will likely be given the authority to examine RIAs, the SEC will oversee the SRO's work, and the addition ...
More legal troubles have risen for the Fairfield Greenwich Group, as the SIPC trustee in the Bernard L. Madoff Investment Securities case has sued three ...
For the first time, the SEC has brought an enforcement action tied to the proxy voting rule [Advisers Act rule 206(4)-6], and the case's resolution ...
The biggest changes in the custody rule since 2003 call for an annual surprise exam - with an estimated average cost of $8,100 - for ...
If your firm employs state-registered reps or is dually registered, changes to Form U4 and U5 could be important. By November, firms will have to ...
The SEC alleges a Wisconsin advisory firm and two of its principals took millions in undisclosed kickbacks, breached their fiduciary duties, misrepresented the quality of ...
You don't have to recertify a qualified client due to the deflated market - but you should if the client provides new money.That's the summary ...
Two investors in their 60s are seeking big money from their investment adviser, who they claim breached its fiduciary responsibility by keeping the retired couple ...
At least one SEC commissioner stands against the idea of creating an SRO for investment advisers. Commissioner Luis Aguilar staked his ground, saying the SEC ...
The SEC is seeking more money from Congress in FY 2010 even as it expects the percentage of registered investment advisory firms examiners will be ...