Form ADV 2 Template Available for RIAs
The “Form ADV Part 2 Brochure Template” will help investment advisers with the new required format based on the recent Securities and Exchange (SEC) rule update.
Tag: SEC
Groups Say SEC Rule Should not Interfere with Payment for Services
The American Society of Pension Professionals & Actuaries (ASPPA) and the Council of Independent Recordkeepers (CIKR) asked federal regulators to consider the impact on retirement and benefit plans...
SEC Working to Improve Complaint Handling
The Securities and Exchange Commission is working to have new technology to handle tips and complaints in place by the end of the year.
Regulators Release Flash Crash Probe Report
A trading firm’s use of a computer sell order triggered the May 6 market plunge, which sent the Dow Jones industrial average dropping nearly 1,000 points in less...
SEC Charges Two in State Street Subprime Mortgage Case
The Securities and Exchange Commission (SEC) has charged a pair of former State Street Bank and Trust Company employees with misleading investors about their exposure to subprime investments.
SEC Say-on-Pay Rules Coming Soon
The Securities and Exchange Commission plans to introduce rules "in the next few weeks" that would give shareholders in 2011 a vote on the pay packages of top...
Business Groups File Lawsuit Against SEC
Two national business groups have gone to court to challenge the new Securities and Exchange Commission (SEC) proxy access rule.
Trading Circuit Breakers Extended to ETFs
The Securities and Exchange Commission has approved the adoption and extension of new stock trading circuit-breakers.
N.J.-based Adviser Accused of Multi-Million Dollar Scam
The Securities and Exchange Commission (SEC) has charged Sandra Venetis, an investment adviser based in Branchburg, New Jersey, with misleading investors and using their money for personal use....
NAIRPA Comments on SEC Target-Date Fund Proposal
In a letter to the Securities and Exchange Commission (SEC), the National Association of Independent Retirement Plan Advisors (NAIRPA) calls for “focused disclosure” of target-date funds and said that...
Lawmakers Respond to SEC Proposed Rules for Target-Date Funds
Three U.S. Senators, in a letter responding to Securities and Exchange Commission-proposed disclosure rules for target-date funds, recommended the agency expand on its proposals.
Regulators Update Best Practices About Serving Senior Investors
The Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), and North American Securities Administrators Association (NASAA) have outlined practices used by financial services firms to strengthen...
SEC Seeks Comment on Adviser Standards of Care
As anticipated, the Securities and Exchange Commission is looking for public comments as it undertakes a new look at adviser standards.
SEC Votes to Change Form ADV
As if there wasn’t enough uncertainty swirling around the financial services industry at present, the Securities and Exchange Commission (SEC) wants to make changes to...
Advisers Should Take Note of Financial Reform Bill Provisions
Certain provisions of the financial reform legislation approved by the U.S. Senate last week may affect financial advisers.
Canadian Couple Charged with Tweet-touting Fraudulent Penny Stocks
The Securities and Exchange Commission (SEC) has obtained an emergency asset freeze against two Canadians who advertised fraudulent penny stocks online.
Financial Services Reform Compromise Reached
Last week, members of the House and Senate conference committee announced that they had reached a compromise on the new financial services reform bill.
SEC Releases Target-Date Fund Disclosure Proposal
The Securities and Exchange Commission (SEC) unanimously approved proposed rule amendments to enhance the information provided to target-date fund investors.