Custody

While The Robare Group’s enforcement case remains unresolved, the SEC isn’t giving up on the contention that the use of the word ‘may’ in describing ...

These proceedings arise out of Clayborne’s improper registration with the Commission as an investment adviser, as well as its violation of a Commission rule concerning ...

As last week’s story ran on how Fidelity handles custody following the SEC’s 2017 guidance, the custodian was moving to announce a major change (IA ...

Three years ago, we reported how some OCIE examiners were issuing deficiencies because they interpreted the way Fidelity’s contract was written gave advisers custody – ...

The client agreement between Schwab and an investor no longer includes language giving the authority to make first-party money wire transfers. Count this as a ...

Schwab shares guidance to help advisers navigate new SEC releases on the complex custody rule.

When the SEC changed the face of its custody rule last year, advisers and custodians were forced to act. Among the revisions made by Pershing Adviser ...

The confusing custody rule may seem even more opaque after hearing about the $60,000 fine assessed against Financial Fiduciaries ($141M in AUM) in Wausau, Wis., ...

These proceedings arise out of Respondent Financial Fiduciaries’ non-disclosure of financial conflicts of interest and violations of the “Custody Rule” of the Advisers Act. From ...

TD Ameritrade gives us permission to share with you its checklist for meeting the SEC's seven conditions regarding custody.