Kentucky Representative Andy Barr introduced a bill aimed at returning investment regulations to a Trump-era standard.
A letter from the House Financial Services Committee calls for a freeze on the SEC’s enforcement budget and the defunding of five total SEC proposals.
Mandatory auctions and Reg BE are considerably less popular.
The latest guidance adds teeth to initial Regulation Best Interest, passed in 2019.
The growing chorus of caution now includes the Department of Justice.
A proposed bill and an SEC proposal on the same topic target two different audiences.
The SEC’s proposed updates would expand the institutions subject to various data security requirements and strengthen data breach notification requirements.
Jessica Hopper, head of the influential securities regulator for the brokerage industry, is stepping down in February, with Christopher Kelly stepping in on temporary basis.
The four proposals aim to improve competition and transparency in securities trading.
Financial Regulator FINRA issues guidance on succession planning for the graying adviser space, including small firms looking to sell.
Private equity continues to be attracted to wealth management M&A despite the current market volatility, according to Echelon Partners’ Q3 RIA deal report.
The enforcement of Regulation Best Interest is currently one of the major projects at the Securities and Exchange Commission.
An Atlanta-area broker was accused by the regulator of fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan retirement account into higher-fee, variable annuity products.
A majority of advisers reached as part of a recurring Nationwide survey increasingly expect merger and acquisition activity to have a positive impact on their practices.
The new solution puts instant text-based communications at an adviser’s fingertips through a desktop application.
Strong market conditions, increased competition from buyers and favorable deals for sellers laid the foundation for the activity, according to the latest data published by Echelon Partners.
In his prepared remarks, Gary Gensler calls the U.S. securities markets the ‘finest in the world,’ while emphasizing the need for ‘clear rules of the road and a cop on the beat to enforce them.’
A former Securities and Exchange Commission litigator who was at the regulator during the transition from the Clinton administration to the Bush administration considers what might happen when Democratic President-elect Joe Biden takes office.
It is designed to help broker/dealers make strategic decisions about their books of business.