The tax firm KPMG LLP formed an alliance with Axiom Software Laboratories Inc. to address new regulatory requirements facing investment advisers, such as Form PF.
The bill is crucial to protect middle-class Americans who need the services of a financial adviser, the president of the Financial Services Institute (FSI) told Congress.
U.S. Department of Labor (DoL) Secretary Hilda L. Solis told lawmakers this week that the agency is not rushing on its re-proposal of a new definition of fiduciary.
Mid-sized advisers must transition their registration from the Securities & Exchange Commission (SEC) to their applicable state authorities and are encouraged to begin the process as soon as...
Dale E. Brown, president and CEO of the Financial Services Institute (FSI), issued a statement regarding Boston Consulting Group’s report about the potential costs of a new self-regulatory organization...
Creating a self-regulatory organization (SRO) to oversee investment advisers could potentially cost twice as much as adequately funding an enhanced Securities and Exchange Commission (SEC) examination program.
The Securities and Exchange Commission (SEC) filed a record 735 enforcement actions in the fiscal year that ended Sept. 30, with 146 of these actions taken against investment...
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has released a Securities and Exchange Commission letter regarding EBSA’s participant-level fee disclosure regulation.
The Securities and Exchange Commission (SEC) selected Andrew J. Bowden to be Associate Director of the National Investment Adviser/Investment Company Examination Program.
The Self-Regulatory Organization for Independent Investment Advisers (SROIIA) is continuing its mission towards creating an SRO that meets the needs of advisers, and has completed its second round...
In a recently published paper, law firm Sutherland Asbill & Brennan poses the question: when should broker/dealers and advisers play it safe or tough it out when facing...
FINRA and industry groups are weighing in this week on Rep. Bachus’ (R-Alabama) draft proposal for a new self-regulatory organization (SRO) to oversee financial advisers.
A draft bill from House Financial Services Chairman Spencer Bachus (R-Alabama) calls for SEC-registered advisers to be transitioned from SEC regulation to a self-regulatory organization (SRO).