Regulation

The Wall Street regulator tweaked how it handles frequent inspections after the GAO uncovered shortcomings in its practices two years ago.

Compliance experts warn that financial advisors should prepare for new requirements relating to ESG, custody, cybersecurity, private funds and many other issues.

The proposal to replace in-person inspections still drives a wedge between investor advocates and brokerage industry groups.

Thomas M. Chadwick steered older adults into a volatile leveraged real estate product nearly wiped out by the pandemic, according to state regulators.

The move comes amid predictions that clients will increasingly base wealth management decisions on online testimonials and ratings.

A prominent compliance consultant lists the top reasons firms turn to outside experts for regulatory assistance.

The firm told the SEC years ago about employees' ability to improperly access certain information, though it had no evidence anyone had done so.

The Wall Street regulator is targeting technology that offers advice that might be against clients' best interests — even if advisors are unaware of the conflict.

The Securities and Exchange Commission approved new rules that would require entities to disclose material cybersecurity incidents.

After the regulator's report raised questions about fairness to investors, PIABA is seeking new rules that would require advisory firms to make it easier to file complaints.