Each week we’re giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser (RIA) compliance and regulatory issues. Check back each week for the latest list of top stories.
Here’s our top investment adviser compliance articles for the week of January 16, 2016:
- 11 Questions from Readers on the Implications of Fiduciary for Firms & Advisers (“Who Moved My Cheese” Series) (Author- Ron Rhoades, JD, CFP®, Scholarly Financial Planner)
Ron Rhoades recently received many questions related to the proposed DOL fiduciary rule. To address the growing number of questions, he recently released a blog post highlighting 11 top questions. To read the full list of questions and responses, check out the article here.
- DOL poised to advance final fiduciary rule (Author- Mark Schoeff Jr., InvestmentNews)
As reported by Mark Schoeff Jr., the Department of Labor (DOL) is poised to advance as early as this month a final rule that would raise investment advice standards for retirement accounts. A final rule may come as early as Spring 2016. Stay tuned.
- What’s Up With 12b-1 Fees? (Author- Bob Clark, ThinkAdvisor)
Questions regarding 12b-1 fees? Check out the recent article from Bob Clark with ThinkAdvisor to further explore the growing issue following the most recent Securities and Exchange Commission (SEC) enforcement action and recently issued guidance.
- Advisers should pay attention when regulators lay out exam priorities (Author- Editorial, InvestmentNews)
Earlier this year, the SEC and FINRA outlined their 2016 exam priorities. Advisers should treat these items as a “road map” for the types of deficiencies regulators are going to be zeroed in on. Suitability, supervision, and elder abuse remain regulatory priorities for 2016.
Be sure to check back next Friday for next week’s top articles!