Compliance
FINRA Opens Up Disciplinary Database To The Public
- Details Category: Books & Records
As of now, anyone can search FINRA's disciplinary records online instead of going to the trouble of asking the regulator to send paper copies of any enforcement actions.
Added ADV Disclosure Is An Opportunity For Advisors With Nothing To Hide, Fi360 Says
- Details Category: Books & Records
Despite reports that advisors are balking at the idea of showing prospective clients their disciplinary records, the fact remains that if you have nothing to hide, this becomes a competitive advantage, not a burden.
Cleaning Up Real Estate Fund Failures Still Keeping SEC Enforcers Busy, Years After The Crash
- Details Category: Registered Investment Advisors
The latest enforcement action from the SEC is enlightening because it shows just how backlogged the regulators are closing the book on unscrupulous advisory practices that the credit crunch made impossible to hide.
FINRA Moves Forward On Controversial Fund/Advisor Revenue-Sharing Disclosure
- Details Category: Registered Reps
Years after initially proposing a rule that mandates centralized public disclosure of all mutual fund revenue-sharing arrangements, FINRA has filed the paperwork to make it happen.
New Form ADV, Disclosure Rules Already Raising Concerns For Advisors
- Details Category: Books & Records
The SEC recently cracked down on one case of an advisor faking his Form ADV in such a way that not even the new "plain language" system would have caught. Are the new disclosure rules working?
