NASAA's policy agenda asks lawmakers not to erode state oversight of unregistered securities in the effort to bolster capital formation, warning of potential investor harm.
Shareholder engagement, the energy transition and regulation will get a lot of attention.
Joseph Michael, who had worked at a JPMorgan bank branch in Michigan, has already persuaded about 32 clients to begin transferring their accounts, according to a complaint filed in court.
The funding fight could be bargaining chip at the center of upcoming debates over raising the debt ceiling and funding the federal government.
The FPA used Jan. 6 to rethink its approach. Other associations use various methods to be heard.
In this year's report, the regulator also created a separate section under the heading of 'financial crimes,' which includes cybersecurity, anti-money laundering and manipulative trading.
If advisors who have less than a certain ownership threshold are free to leave an acquired firm, it could give buyers pause.
Finra has made a 'preliminary decision' to recommend some type of disciplinary action against James Iannazzo, according to BrokerCheck.
The GOP barely controls the House, but it's enough to allow the party to pressure the SEC chief to curb his agenda.
The proposal would bar employers from entering into or enforcing such clauses and require companies to nullify any existing ones within six months.
Finra arbitrators split, 2-1, in awarding Ryan Sanghak Lee $500,000 for wrongful termination. They also changed the reason for his departure on his Form U5 and expunged a claim that was filed following his dismissal.
Target-date funds that are sustainable or responsible are fair game now for retirement plans, but there aren't many of them.
The SEC also has custody and ETF regulations to tackle, while the Department of Labor continues work on the next iteration of an investment advice rule for retirement accounts.
Lee plans to focus on advancing the FPA's mission of title protection for financial planners.
The measure codifies Finra's practice for vetting arbitrators for conflicts of interest, and it requires a written explanation when a challenge to an arbitrator's seating is granted or denied.
The ever-growing number of items that compliance officers and teams must monitor has made tracking regulatory compliance disclosures more complicated than ever.
State legislation requires state entities to divest from firms on the list, with certain exceptions.
Critics say the measure's due diligence and monitoring requirements for third-party providers of portfolio management and other services are unnecessary given advisors' fiduciary duty.
The regulator's penalties averaged $247,000 per firm, according to an InvestmentNews tally.
His 10 calls for this year suggest a smoother ride for the markets that could depend on more action from Washington.
