The proposed rule the SEC approved last month can now be found in black and white. The agency has released a 197-page proposed rule that ...

A federal judge in Houston last week sided with the government and declared accused Ponzi schemer Robert Allen Stanford a risk to flee to avoid ...

If your firm switches from not having to having discretion over client accounts then it also falls under the compliance obligations of the proxy rule.Draw ...

Should you reconcile to the penny? It does appear to be a best practice but having a de minimus exception is common, especially among accounts ...

You'll be busier than ever responding to an announced SEC exam - one more outgrowth of the agency's reaction to the scandals of the last ...

A group of RIAs has banded together to lobby Congress toward a tougher fiduciary standard for all advisers and broker-dealers who provide investment advice. Consider ...

The growth of "global money managers" has increased cooperation internationally among regulators. The SEC has entered into agreements for greater supervision of investment advisers with ...

Checks and balances baked into your due diligence efforts can help eliminate the risks of missing something. If a potential business partner passes the first ...

A free lunch can cost dearly. The SEC alleges several reps ripped off seniors invited to a free meal by pitching them unsuitable variable annuities. ...

Total fails-to-deliver shares in the first quarter 2009 totaled 21.6 billion. While some may complain this is still too high, consider that the fails for ...