SEC Chief Presses Senators to Fund More Reg BI Exams
By Melanie WaddellIn the last completed fiscal year, the agency conducted over 3,000 exams, exceeding the previous year, Gensler testified.
July 19, 2022
More Reg BI Actions May Be Ahead: SEC Enforcement ChiefExams related to Reg BI have "yielded a number of referrals," Gurbir Grewal tells lawmakers.
July 18, 2022
Reg BI Makes FINRA's Top Customer Arb List, a FirstThough Reg BI was implemented two years ago, "it takes a while for cases to bubble up."
July 12, 2022
SEC Needs Budget Boost to Enforce Reg BI: IRI to SenatorsThe SEC is seeking an 8% increase in its budget for fiscal year 2023, part of which will go toward oversight of Reg BI compliance.
July 07, 2022
SEC's First Reg BI Action Singles Out Individual AdvisorsUntil recently, how the commission would interpret and enforce the new rules was largely unknown.
June 30, 2022
Expect 'Deeper Dive' Reg BI Exams in 2022: FINRA ExecFirms can expect that FINRA will "be doing deeper dives with respect to the standard of care obligation."
June 27, 2022
Ron Rhoades Makes 5 Predictions for the Future of AdviceAmong them: Flat fees will gain ground, and RIAs will expand the annuity market.
June 27, 2022
5 Rules the SEC Plans to Review This YearThe SEC's annual "Reg Flex" agenda is notable for what is not on it, Ron Rhoades says.