With the countdown underway to October’s introduction of a new Form ADV (IA Watch, April 13, 2017), you now have fresh guidance via 24 new ...
It was the very first priority revealed in FINRA’s exam priorities letter released at the start of the year—devoting attention to firms’ hiring and monitoring ...
In a scheme that ultimately will take down a hedge fund adviser and led to the suicide of a participant, a former portfolio manager at ...
It could be the industry’s version of Family Feud – and it’s only beginning. SEC Chairman Jay Clayton’s call for comments about whether the ...
Even as the Labor Department takes an initial step that could revise its fiduciary duty rule, the first phase of the rule takes effect. ...
Another shoe has dropped in the ongoing investigation of a “pay-to-play” bribery scheme involving the New York State Common Retirement Fund. A second senior executive ...
The CFTC’s new final rule on recordkeeping (CPO/CTA Watch, May 25, 2017) appeared in the Federal Register May 30. It announces that the rule will ...
Two weeks and counting. While the Labor Department won’t delay further next month’s implementation by the industry of “impartial conduct standards” under its fiduciary duty ...
Thanks to an insider who knew ahead of time that Medicare would jack up reimbursement rates, an IA reaped nearly $4 million in “illegal profits” ...
The January proposal from the CFTC to modernize its recordkeeping rule attracted only 16 comments, but some urged the Commission to mirror its rules on ...