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 ...
Global finance means just that. If your firm has its sights on opening an office in Singapore, gain tips from a peer who’s traveled that ...
Here’s a primer on the other basics you must know
Fintech grinds against fiduciary standards
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 ...
Downsides of using the cloud include a limited number of cloud service providers and the lack of bargaining power by smaller financial services firms
“The intent of the rule is to level the playing field so that plan fiduciaries can consider these ESG factors"
Maintain an escape clause for the violator who simply forgot to pre-clear a trade. Base any financial penalty on the violator’s base salary
The DOE also vows at least a modest return to pre-pandemic days. “We also expect to increase our on-site interactions with regulated entities while continuing ...