Tagged with "jay clayton"

SEC Makes More Efficient Process for New ETFs

Posted on October 8th, 2019 at 3:34 PM
SEC Makes More Efficient Process for New ETFs

The Securities and Exchange Commission (“SEC”) recently eased regulatory constraints for exchange-traded funds (“ETFs”) that the industry long complained about, due to with the wait and the cost of getting SEC to sign off on new funds.

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Key Points of Regulation Best Interest (“Reg BI”)

Posted on July 30th, 2019 at 5:12 PM
Key Points of Regulation Best Interest (“Reg BI”)

In a recent speech in Boston, Securities and Exchange Commission ("SEC") Chairman Jay Clayton defended the SEC's new investor protection rule. Let's highlight the key points of the speech.

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SEC Seeks Public Comments on Ways to Ease Access to Private Placements

Posted on June 25th, 2019 at 5:40 PM
SEC Seeks Public Comments on Ways to Ease Access to Private Placements

The Securities and Exchange Commission (“SEC”) recently requested public comments on easing access to private placements, according to their concept release.

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TESTIMONIALS

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We just wanted to say thanks for your work in helping us get back some of the money we lost. We are not by any means rich, but we have saved some money and we have done so through a tight-fisted approach to most everything we do. So losing a significant chunk of money hurt…especially at a time when everyone else was growing their accounts. We really appreciate the work you did.

Allan and Adele

LATEST NEWS AND ARTICLES

April 24, 2024
RIA Insurance Claims Skyrocket

A recent analysis by Golsan Scruggs reveals a staggering 231 percent increase in errors-and-omissions (E&O) liability claims among registered investment advisor (RIA)
insurers.

April 23, 2024
Surge Predicted in Regulation Best Interest Cases

According to a recent analysis, Reg BI-related actions quickly have ascended to the top five issues for FINRA, with fines totaling $6 million in 2023.

April 22, 2024
FINRA Fines Independent Broker-Dealers Over Cybersecurity Lapses

The Financial Industry Regulatory Authority (FINRA) has imposed fines and censured independent broker-dealers Osaic Wealth and Securities America for cybersecurity deficiencies that led to hackers accessing the private information of more than 32,000 customers.