Regulation & Compliance

The latest Reg BI guidance addressed whether clients can 'waive' the rule's protections, whether affiliated firms can submit separate CRS forms, and whether firms have to build entirely new systems and processes to be in compliance.

Groups such as the Heritage Action for America, FreedomWorks, Americans for Tax Reform and the National Black Chamber of Commerce call the SEC's proposal an "expensive 'solution'" to a "potentially non-existent 'problem.'"

If the Protecting the Right to Organize Act passes the Senate, tens of thousands of advisors would no longer be classified as independent contractors.

Riskalyze is rolling out its risk metrics to a 'range' of professionals at Farm Bureau Financial Services.

The SEC's Office of Compliance Inspections and Examinations released a report cataloguing observations and best practices on cybersecurity measures found during examinations.

The company's Select and Elite services purport to help firms achieve, maintain and monitor compliance after Reg BI goes into effect at the end of June.

Hopper has acted as the Enforcement Department's acting head since Susan Schroeder departed FINRA in September.