Tag: Securities and Exchange Commission

Reg BI, a new fiduciary rule proposal from the DOL and state-enacted fiduciary rules—what advisers should keep in mind.

The firm was also charged with mutual fund share class violations.

The rule blurs the line between advice and sales, potentially hurting both advisers and investors, he says.

The self-regulatory organization says it will help members implement the SEC's sweeping new conflict of interest disclosure rules.

A survey finds cybersecurity is registered investment advisers' (RIAs) highest concern.

The lower chamber has voted to block funding for the SEC to implement and enforce Regulation Best Interest.

Experts say the new SEC rules could allow brokers to encroach into the traditional territory of advisers without having to meet the same fiduciary standard of care.

The regulator is increasing its education about saving and investing to these groups, along with enforcement to safeguard them.

Banc West Investment Services asked the Securities and Exchange Commission to clarify its stance on the potential conflict between FINRA suitability determinations called for by rollover decisions and, on the other hand, SEC demands to forward customer checks within a day of receipt.

The SEC says relationship documentation, portfolio reconciliation, and portfolio compression are important tools for increasing operational efficiency and reducing risk for security-based swaps entities.

SEC examiners are concerned that the way mobile and personally owned communications devices are used by advisers pose challenges in their meeting obligations under the Books and Records Rule and the Compliance Rule.

The SEC says these changes are needed to reduce obstacles to providing research on investment funds, and to harmonize the treatment of such research with research on other public companies.