The Securities and Exchange Commission has approved proposing rules amendments that would require certain financial advisors to provide more current reporting when key events occur. In a news release, the SEC said it will propose amendments to its Form PF, which is...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: January 2022
SEC Chair outlines recommendations for financial sector to protect against cyberattacks
Securities and Exchange Commission Chair Gary Gensler is emphasizing the need for the financial sector to strengthen its protections against cyberattacks, according to a report by ThinkAdvisor. Gensler’s remarks came in a speech on cybersecurity and securities laws,...
FINRA issues reminder to firms on promptly executing marketable customer orders
The Financial Industry Regulatory Authority has issued a reminder to member firms pertaining to the execution of marketable customer orders. In Regulatory Notice 22-04, FINRA reminded the firms of their obligation to execute such orders fully and promptly, as well as...
Legislation to protect seniors from financial fraud introduced in Senate
Efforts to help protect senior citizens from financial fraud and exploitation have taken another step forward in Congress, reports InvestmentNews. Last week a bipartisan group of four senators introduced the Empowering States to Protect Seniors from Bad Actors Act....
CFP Board establishes new commission to adjudicate appeal hearings
A new commission to adjudicate appeals by financial planners has been established by the Certified Financial Planner Board of Standards, the board announced last week in a news release. The Appeals Commission will have sole authority to adjudicate appeal hearings...
