NASAA model rule would require IARs to complete CE to close the regulatory gap with brokers
The end of the formal initiative failed to soothe worries about future enforcement
Over two years, the agency's initiative returned more than $139 million to investors
The brokerage will level the pay its advisers receive for the sale of some share classes, among other changes
Other compliance experts say it’s not necessary unless the firm’s financial problems extend beyond virus stress
Attracting new clients depends on using Zoom and enhancing the firm's website with more content
Governor extends the deadline for regulations until 90 days after the health emergency ends
But an investor advocate sees the proposal as a ‘brazen effort’ to use the pandemic to promote the annuity sector
Now customers can withdraw their claim and proceed in court or file additional claims against firm personnel
Experts say Finra, SEC will focus on firms' process for achieving compliance
