It “is unlikely that the firm principals will ever be repaid for these funds,” the government wrote
Federal Register version. You have until May 8, 2023 to comment
The SEC adopts a final rule to shorten the standard settlement cycle for most broker-dealer transactions from two business days after the trade date (T+2) ...
If the SEC bothers to put out an exam alert for a regulation that’s a decade old, you know it’s looking to make a statement
The effect of the decision doesn’t vacate the rollover exemption but could well confuse advisers as to how to comply with it
Mutual fund share class selection/best ex case has Peirce and Uyeda claiming the SEC is "creating novel regulatory interpretations through enforcement"
The SEC’s proposed replacement for the custody rule would, if finalized, have far-reaching ramifications not just for advisers but custodians, accountants and even clients
Should the custody rule end up being replaced, the change would come with revisions to Advisers Act rule 204-2 (books and records) requiring you to ...
FINRA's five new focus areas are financial crimes, manipulative trading, fixed income/fair pricing, fractional shares, and Reg SHO
Some advisers might celebrate the prospect that the often confusing and confounding custody rule would disappear. But you might not be so happy with what ...