FINRA will be responsible for examining brokers for compliance, yet FINRA CEO says ‘It’s not our rule. It’s an SEC rule.’
Advisor News
New SEC Videos Aim to Help Investors Identify Brokers vs. Investment Advisers
The SEC’s new investor education videos are criticized for glossing over important details of business models and conflicts.
N.Y. Supreme Court Upholds State Fiduciary Rule For Annuities
The New York Supreme Court has upheld the state’s contentious fiduciary rule governing annuities and lift insurance sales practices.
Looking for a Financial Planner? The Go-To Website Often Omits Red Flags
The Certified Financial Planner (CFP) Board doesn’t inform website users about thousands of planners with customer complaints, regulatory skirmishes and other problems, including bankruptcy filings.
Financial Advice Isn’t a Profession
Financial advice does not necessitate thousands of hours of study to render. That means that it is not really a profession, according to Dan Solin.
FSI Says ‘Costly’ N.J. Fiduciary Proposal Threatens Investors In State
BD lobbyists claim fiduciary rules harm investors while AARP members call for New Jersey to proceed with its own rule.
