The general counsel for the Certified Financial Planner Board of Standards expressed his support for the Department of Labor's proposed fiduciary rule during an interview with ThinkAdvisor. Leo Rydzewski discussed various aspects of the plan, which has now been...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Month: March 2024
FSI sues Department of Labor over rule involving independent contractors
The Financial Services Institute (FSI) has joined a lawsuit attempting to block a new Department of Labor rule regarding the classification of independent contractors, reports InvestmentNews. The DOL's rule, published on Jan. 10, is designed to help employers and...
CFP Board announces new scholarship for women seeking CFP certification
The Certified Financial Planner Board of Standards has announced a new scholarship to empower woman seeking CFP certification, reports InvestmentNews. The Peggy Ruhlin Wealth Is Women’s Work CFP® Exam Scholarship awards $625 toward the early registration rate of the...
FINRA adopts amendments to enhance transparency on Treasury securities data
The Financial Industry Regulatory Authority said it has adopted amendments to enhance transparency in the U.S. Treasury securities market. In Regulatory Notice 24-06 published on March 8, FINRA provided guidance to member firms about the action it had taken. Under the...
New SEC climate-disclosure rules temporarily halted by appeals court
The Securities and Exchange Commission's new rules requiring climate-related disclosures by public companies are on hold for now due to a legal challenge, according to the Wall Street Journal. Oil-field-services companies Liberty Energy and Nomad Proppant Services...
