The agency's document requests seek details on how firms monitor, review and retain 'off-channel' communications — all the way up to the senior executive level.
Sen. Elizabeth Warren, D-Mass., and three colleagues urge Treasury Secretary Janet Yellen to curb the use of grantor retained annuity trusts in the name of tax fairness.
The organization urges viewers to hire a CFP — 'It's gotta be a CFP' — in its most direct appeal since the public awareness campaign launched more than a decade ago.
The attorney for Massachusetts-based Jeffrey Cutter fires back at SEC, saying the agency is 'flat out wrong' and accusing it of trying to 'get a toehold into regulating the insurance industry.'
The trade association is seeking to change the basis for the SEC's definition of 'small' from assets under management to another metric, such as employees.
State regulators cite brokers' outside business activities and 'off-channel communications' as two areas that can't be overseen from afar.
The proposal is similar to one the SEC released last year that focuses on investment advisors. The SEC also extended the comment period for the advisor proposal.
In an effort to prove they're anti-woke, Republicans are ignoring risk factors that could affect returns, not to mention market signals.
'Having the interaction with registrants is really critical,' Natasha Vij Greiner, deputy director of the SEC's Division of Examinations, told an Investment Adviser Association conference.
The trade association is trying to insert language into capital formation legislation that would deem investors accredited if they work with a fiduciary advisor.
