Political Contributions – Managing the Pay to Play Rule

If you live in the United States, it is impossible to avoid the constant chatter about the upcoming Presidential elections. And as the weather warms, the local and state elections are starting to heat up too. It is also a good time for advisors to remind employees of their obligations under MSRB Rule G-37 and… READ MORE

Will Your AML Program Stand Up to Scrutiny?

Both the SEC and FINRA listed anti-money laundering (“AML”) as an examination priority for 2016. This should not be a surprise to anyone that works for a broker-dealer.  Broker-dealers have been subject to ever-increasing scrutiny on this topic since the adoption of the USA PATRIOT Act. Unless you aren’t paying attention, you have certainly seen… READ MORE

The DOL Fiduciary Rule: Time for Acceptance

In October 2010, the Department of Labor proposed a rule to redefine the label “fiduciary” and change the way retirement plans and IRAs address conflicts of interest. Last week, the rulemaking process came to an end. What followed was an avalanche of blogs, articles, press releases and interviews within the industry, tossing out terms like… READ MORE