Regulation & Compliance

It was essential for state regulators to offer guidance for advisors working from home who may not be registered in their home state, according to the New Jersey Board of Securities bureau chief.

ZOOM and ZM have been confusing for so long.

The advocacy group for broker/dealers says firms are finding it difficult to upgrade their compliance capability due to the tumult caused by the spread of COVID-19 and are asking for 'temporary regulatory relief.'

April 24 is the new deadline to submit comment letters on several pending rules, including the agency's proposal to expand the accredited investor definition.

The SEC will give advisors an extra month to file their Form ADV, both parts 1 and 2, in light of the business disruptions caused by the coronavirus pandemic, and left open the possibility of further postponement.

Broker/dealer trade groups, including the Financial Services Institute and the Securities Industry and Financial Markets Association, argue in support of the SEC's proposed rule in an amicus brief this week.

The agency made the decision due to the spread of the coronavirus, one day after the SEC encouraged employees at its Washington, D.C. headquarters to work from home.