Total: 50 results found.
Page 1 of 3
In A Show Of How The SEC Is Tightening RIA Compliance, A Chicago Advisor Is Barred From Securities Business
(Matching tags: compliance,RIA compliance,sec)
RIAs better be accurate in disclosing how much money they manage. The
urities & Exchange Commission suddenly seems interested in such disclosures. Umesh Tandon, 37, owner and chief compliance ...
Monday, April 22, 2013
SEC Approves New Identity Theft Rules
(Matching tags: sec,ID Theft,identity theft,SEC Rule)
According to a new rule adopted by the
on April 10 financial firms will be required to establish identity-theft prevention programs. ...
Monday, April 15, 2013
Identity Theft Rule Adopted By SEC; Provides New Guidance And Red Flags About How BDs and RIAs Must Protect Clients
(Matching tags: sec,identity theft,compliance)
urities and Exchange Commission yesterday adopted rules requiring broker-dealers, mutual funds, investment advisers, and certain other entities regulated by the agency to adopt programs to detect ...
Thursday, April 11, 2013
Former SEC Chair Schapiro Reportedly Joining Consulting Firm; Another Former Regulator Cashes In On Contacts In A Subtle, Legal Form Of Corruption
(Matching tags: regulation,sec)
With the news today that former
urities and Exchange Commission Chair Mary Schapiro is taking a job at Promontory Financial Group, another powerful former regulator is headed to a lobbying and consulting ...
Tuesday, April 02, 2013
One-Time CFP, Long-Time Financial Planner Charged With Stealing Client Money On Top Of Previous Charges Of Tax Fraud
(Matching tags: fraud,sec)
A one-time CFP who was criminally charged with tax fraud in January had his assets frozen yesterday after the
urities and Exchange Commission filed a civil complaint against him, his firm, and his partner ...
Wednesday, March 20, 2013
News Analysis: The Real Story Behind The SEC Warning That It Has Found “Widespread” Violations By RIAs Of The Custody Rule
(Matching tags: RIA compliance,Dodd-Frank,sec)
urities and Exchange Commission’s Office of Compliance Inspections and Examinations today warned RIAs that it is finding “widespread” non-compliance with the custody rule under ...
Wednesday, March 06, 2013
SEC Staff Says It Will Make Conflicts Of Interest Of Dually-Registered RIAs An Areas Of Focus Of RIA Examinations In 2013
(Matching tags: compliance,sec,RIA compliance)
urities and Exchange Commission is focusing inspections of RIAs on conflicts of interest that rise from being dually registered with a broker-dealer as well as an RIA. The agency says its ...
Friday, March 01, 2013
Former SEC Chair Levitt Says Since SEC Did Not Pursue Money Fund Reform, FSOC Certainly Should
(Matching tags: marketing,mutual funds,sec)
chair Arthur Levitt says the
blew its chance to fix the money fund problem. He refused to sign a letter prohibiting another regulatory body (namely, the Financial Stability Oversight Council ...
Tuesday, February 26, 2013
If SEC Won't Fix Its Own Problems, Other Regulatory Bodies Will
(Matching tags: Dodd-Frank,regulation,sec)
Taxpayers have been waiting since 2008 for the
to take action to prevent a repeat scenario of the worst economic crisis since the Great Depression. But the Financial Stability Oversight ...
Friday, February 22, 2013
SEC Will Not Be Able To Implement Dodd-Frank Fully If Sequestration Hits And Budgets Are Not Increased
(Matching tags: deficit,sec,staff)
chair Elisse Walter says the commission cannot implement fully the reforms dictated by the Dodd-Frank Act unless Congress grants a budget increase. The
as well as other financial regulatory ...
Thursday, February 14, 2013
Massachusetts Calls On SEC To Prohibit RIAs From Using Mandatory Arbitration Clauses, Saying It Is "Troubling," Widespread And Not Consistent With Fiduciary Practice
(Matching tags: RIA compliance,RIAs,compliance,Dodd-Frank,fiduciaries,sec)
retary of the Commonwealth of Massachusetts, in a public letter, is calling on the U.S.
urities and Exchange Commission to prohibit Registered Investment Advisers from inserting mandatory arbitration ...
Wednesday, February 13, 2013
POGO Report Shows Possible Influence Of Wall Street Executives On SEC Policy And Enforcement Decision Making
(Matching tags: Morgan Stanley,sec,regulation)
A report published by the Project on Government Oversight (POGO) just a few weeks after Mary Jo White was nominated to head the
shows that there was a revolving door between Wall Street executives ...
Monday, February 11, 2013
Probes Into Standard & Poor's Over Role Ratings Played In 2008 Mortgage Crisis Expanding To Fitch And Moody's
(Matching tags: Mortgage Securities,securities fraud,sec)
New York top pro
utor Eric Schneiderman went after Standard & Poors ratings agency this week. He also submitted inquiries for information from Fitch Ratings and Moody’s Investors Service. ...
Friday, February 08, 2013
FBI And SEC Look Into Early Release Of Economic Information Tied To High-Speed Transmission Systems
(Matching tags: economic indicators,sec,high-frequency trading)
Some leading financial media companies may have used high-speed transmission systems to access economic data a fraction of a
ond ahead of the official release, giving some investors a trading advantage. ...
Tuesday, January 29, 2013
SIFMA Lobbies Against Labor Department Mandate To Spin Off Bank Derivatives Departments
(Matching tags: banks,SIFMA,sec)
urities Industry and Financial Markets Association (SIFMA) is lobbying against efforts by the Labor Department to mandate the spinoff of bank derivatives departments. The proposed Volcker ...
Monday, January 28, 2013
Mary Jo White Slated To Head SEC; Weekly Unemployment Claims Drop Unexpectedly
(Matching tags: economy,securities fraud,sec)
Reportedly, attorney Mary Jo White has been picked by President Obama as the next head of the
urities and Exchange Commission. She is a William & Mary graduate with broad experience in pro
Thursday, January 24, 2013
Walter Cites Dodd-Frank And The JOBS Act As Priorities In Her First Communication As SEC Head
(Matching tags: Advisor businesses, Dodd-Frank,sec)
Elisse Walter identified Dodd-Frank and the Jumpstart Our Business Startups (JOBS) Act as top priorities for 2013 in her first speech as head of the
. Despite currently being short one ...
Tuesday, January 22, 2013
Entrepreneurs Are Popping Up Websites In Anticipation Of Crowdfunding Rules; SEC Is Already Looking For Possible Risks To Investors
(Matching tags: investing,regulation,sec)
Entrepreneurs are wasting no time popping up websites in anticipation of the new crowdfunding rules; neither is the
. Over 200 websites are being scrutinized by regulators for possible ...
Friday, January 18, 2013
In SIFMA's Push For SEC To Resume Focus On Fiduciary Standard, It Stipulates Not Subjecting Reps To 1940 Investment Advisors Act
(Matching tags: Dodd-Frank,SIFMA,sec)
SIFMA is pushing for the
to resurrect its efforts to establish a uniform fiduciary standard that would cover both investment advisors and registered reps. A stipulation is for the standard ...
Thursday, January 17, 2013
Controversy Over Recent FINRA And SEC Regulatory Actions Raises Questions Of Investor Trust And Also How These Regs Will Affect Clients
(Matching tags: fiduciaries,FINRA,sec)
FINRA opened the floodgates to broker rage when it put its Proposed Regulatory Notice 13-02 out for comment on January 2. The comment period doesn’t expire until March 5 but comments are already ...
Wednesday, January 16, 2013
© 2011 Advisors4Advisors, Inc.