Designed to protect retail investors from conflicts of interest, the SEC's new Regulation Best Interest, known as Reg BI, and related rules take effect on June 30, 2020. Every SEC-registered ...

SEC Chairman Gary Gensler, center, represents investors' best chance for a Form CRS that draws sharper contrasts between RIAs and brokers, experts said. Form CRS doesn’t work — but there’s hope under ...

On June 5, 2019, the Securities and Exchange Commission (the “SEC”) adopted a series of new rules and interpretations designed to enhance the protection of retail investors and to improve the quality ...

Your financial adviser may have presented you with a new compliance form called Form CRS. This form is now being required to be sent to clients by the Securities and Exchange Commission (SEC), which ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Financial services regulation doesn’t lack for the occasional drama. In early June the Securities and Exchange Commission (SEC) adopted Regulation Best Interest (“Reg BI”), the Form CRS Relationship ...

The SEC’s new Form CRS, the ultra concise disclosure document that requires advisors to lay out their obligations to clients in “plain English,” may be a bigger compliance lift than some firms realize ...

Have you received a Form CRS in the mail from the investment firm(s) you do business with? This is a brand-new disclosure document mandated by the U.S. Securities and Exchange Commission. Why A New ...

The agency's Standard of Conduct Implementation Committee found content and format problems after reviewing a cross section of filings. By Mark Schoeff Jr. The Securities and Exchange Commission on ...

More than two dozen investment advisers and broker/dealers (B/Ds) have agreed to settle charges that they allegedly failed to timely file and deliver key forms to retail investors. According to the ...

Financial services firms may be failing to disclose disciplinary history on their Form CRS for a variety of reasons, from intentionally covering past misdeeds to failing to provide proper oversight on ...