Compliance
New Dalbar Certification Gets The Jump On A Universal Fiduciary Standard
- Details Category: Regulatory
Boston advisory business benchmarking firm Dalbar has gotten in front of the regulatory curve by coming out with a fiduciary certification program designed to fend off the prospect of stricter rules ahead.
$100,000 LPL Fine Underlines Importance Of Archiving Emails
- Details Category: Books & Records
FINRA fined LPL $100,000 after "a technology problem" kept roughly 3 million outbound email messages from going through compliance before going out.
Securities America Loses $400 Million Private Placement "Poverty" Plea
- Details Category: Registered Reps
A federal judge has ruled that despite Securities America's claims that it doesn't have the cash to make good on its clients' losses in a bad private equity placement, the claims are valid and can proceed.
Fighting The Regulators Pays Off For A Shocking Number Of Firms Accused Of Misconduct
- Details Category: Regulatory
It's easy to forget, but a lot of firms -- large and small, and presumably innocent and guilty as well -- fight FINRA and SEC enforcers and win.
Elizabeth Warren Can't Catch A Break For The CFPB
- Details Category: Regulatory
Another tense day in Washington for Elizabeth Warren forced her to yet again defend the Consumer Financial Protection Bureau from enemies in Congress looking for a scandal in the making.
