Compliance
Anti-Money Laundering Rules For Advisors Back On The Front Burner
- Details Category: Registered Investment Advisors
After years on the back burner, new requirements for RIAs to report suspicious customer activity are moving ahead again.
SEC Confesses It Will Probably Never Be Able To Supervise RIAs As Often As Congress Wants
- Details Category: Regulatory
The head of the SEC's RIA examination team dropped a bombshell on Congress yesterday, saying 38% of all SEC-registered advisors have never been examined, and adding it's "likely" no way to improve that track record.
FINRA Chief Says Making Jon Corzine Take His Exams Like Everyone Else Would Have Been 'Mindless'
- Details Category: Regulatory
While FINRA says exceptions were made to let Jon Corzine, head of failed firm MF Global, keep his securities licenses, the regulator justifies the loophole as business as usual for politically connected registrants.
Failed CapWest Private Placements Continue To Plague Colorado Ex-Broker
- Details Category: Regulatory
A new Ponzi lawsuit highlights just how much damage the private placement craze inflicted on retail investors and their advisors as well as the brokerage firms that sold these products.
Enforcement Actions Against Investment Advisors Have Doubled Since 2009
- Details Category: Registered Investment Advisors
The growth of the advisory business and the new sense of activism at the SEC have had their downside as well as their benefits for the RIA channel.
More Articles ...
- SEC Cracks Down On San Diego Fee-Only Planner For Alleged Kickbacks
- Noted Fiduciary Advocate Now Under Investigation After Bounced Checks, Client Complaints
- Giving Corzine A Free Pass On His Registrations Gives FINRA Another Black Eye
- District Judge Challenges SEC Settlement System As More "Half-Baked Justice"
