Browsing Tag
Reg BI
48 posts
Fiduciary Rule Reaction: For and Against
ARA among first to express strong support while several groups voice opposition
DOL Retirement Security Rule Now Under OMB Review, But Changes Unknown for Now
Controversial rule expected to be fast-tracked in effort to make it effective prior to November election while opponents renew calls for its withdrawal
California’s Adoption of NAIC Annuity Protection Model Means 90% of U.S. Consumers Now Covered
Insurance industry opponents of DOL Retirement Security Rule say move further diminishes its need
IRI, SIFMA Object to ‘Potentially Punitive’ NASAA Proposal
Organizations say unnecessary revisions go too far and could limit consumer access to annuities
FINRA Shuts Down B-D for Reg BI Breaches, Additional Violations
Owner and CEO suspended for a year as Melville, N.Y.-based firm made misrepresentations to customers and violated FINRA’s suitability and supervision rules
SEC Publishes Final Guidance on Reg BI
The latest bulletin comes after Rep. Byron Donalds accused the SEC of considering to rewrite the Reg BI in a new letter
SEC Risk Alert Identifies Reg BI Compliance Issues
The SEC issued a risk alert over compliance problems it observed with broker-dealers and investment advisors who follow Reg BI
FINRA Report Highlights 4 Key 2023 Exam Priorities
New report on exam and risk monitoring program reflects new and evolving risks, industry trends, and noteworthy findings
Reg BI Retiree Violation: SEC Charges Firm
The agency says registered reps sold ‘$13.3 million worth of high-risk bonds to retirees and other retail investors’
Forever Fiduciary: Blaine Aikin’s Take on Where We Are
While fiduciary advocates are frustrated with the slow pace of regulatory adoption, he preferred to focus on how far they’ve come