Particularly for broker-dealer firms and investment advisors, the SEC examination program is the leading edge of enforcement activity. Today’s examination imperatives fuel tomorrow’s enforcement ...

U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton has publicly confirmed that the June 30 deadline for compliance with the SEC’s Regulation Best Interest (Reg BI) rulemaking package ...

A new FINRA analysis finds that the first full year of Reg BI and Form CRS compliance was rife with instances of poorly written supervisory procedures, inadequate staff training and conflict of ...

One critical component of the Regulation Best Interest is the customer relationship summary form, or “Form CRS,” which provides new and existing clients with detailed information about a firm’s ...

After 42 small cases involving firms that aren’t household names in wealth management, financial advisors are wondering when the SEC will ramp up enforcement of its new rule. But 12 settlements that ...