Effectively converting, probably initially our regulatory reporting rules , into truly unambiguous rules that machines can interpret and implement directly," he told an audience at London Fintech Week, a financial technology (fintech) conference, on.
The financial firm Morgan Stanley MS, -0.57% made headlines this month when it announced it would allow its advisers to text with their clients using the secure texting platform Twilio. Morgan Stanley debuted the service in early June with several.
California's multiyear initiative to update its standards governing lawyer conduct shifted to the state supreme court at the end of March when the California state bar sent the court a complete package of proposed professional conduct rules . ... George.
This new rule will upend your 401(k), IRA and your relationship with your advisor CNBC.
CFPB Arbitration Rule Summary: Class Action Waivers Prohibited in Broad Range of Consumer Credit Transactions The National Law Review.
Research from Financial Conduct Authority ... that there are “probably enough advisers with the specialist qualifications, the problem may be finding them because for obvious reasons they may be shy about publicly advertising their services.”.
How Much Will the DOL Rule Cost Advisors ? Financial Advisor IQ.
Third, as the alert points out, "designations can be faked." FINRA has a rule (Rule of Conduct 2210) prohibiting financial advisers from "referencing nonexistent or self-conferred degrees or credentials or referencing legitimate degrees or credentials in a.
Our company, and many of our competitors, has committed to following the fiduciary standard, which demands higher accountability from advisers , including acting only in a client's best interest. But is that enough to protect clients? Unfortunately.
Some advisers, however, are not playing by the rules. The City watchdog, the Financial Conduct Authority (FCA), last month said some firms were still receiving payments from life insurance companies which could influence their recommendations to clients.
There's more awareness of senior investment fraud than ever before. Still, most cases of senior financial fraud are not discovered before they cause serious problems, according to a new survey of state securities regulators, who believe broker-dealers.
In 2012, Kirk Francis got a late-night telephone call from the police with bad news: The building that housed his office was on fire. An eight-minute drive later, he found a chaotic scene as firetrucks were fighting a blaze that damaged the left side.
Obama tried to give Zuckerberg a wake-up call over fake news on Facebook Washington Post.
two weeks before the regulator first published its thoughts about creating new listing rules to benefit sovereign-owned companies. The details of the meeting were revealed by Andrew Bailey, the head of the Financial Conduct Authority, as he was grilled on.