Disclosure

Needed new guidance on coming fixed income confirmation disclosure requirements has been released by FINRA. The guidance—in the form of 45 FAQs—is aimed at helping ...

KMS Financial Services ($5.9B in AUM) in Seattle freely disclosed in its Form ADV that it had a relationship with a clearing broker. The dual-registrant’s ...

The SEC has made “recent and rapid advancements” with its analytic programs that are harnessing the power of big data and these developments are having ...

Despite clear P&Ps on private securities transactions and outside business activity and regular in-person compliance department inspections, an Ameriprise Financial Services rep was able to ...

NASAA’s model fee disclosure schedule is gaining wider acceptance among brokerage firms. The association announced May 9 that nine additional securities firms have agreed to ...

What does FINRA say about accepting sponsor payments for firm conferences? Are payments subject to dollar limits? Is there a disclosure requirement? Is there a ...

Take in one more sign that there’s a new sheriff in town. A new decision by an SEC ALJ bars an adviser who has spent ...

The adviser followed the rules and disclosed a conflict and compensation on Form ADV that it received from a clearing broker. However, the adviser failed ...

The SEC has taken another step in its ongoing efforts to improve transparency in the municipal securities market. The Commission approved March 1 proposed amendments ...

These event notices would facilitate timely access by investors and other market participants to important information about municipal issuers’ financial obligations. With this information, ...