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Top RIA Compliance News Articles for the Week of January 2, 2016

Jan 08, 2016

Our list of the top registered investment adviser (RIA) compliance and regulatory news articles for the week of January 2, 2016.

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 2, 2016:

  1. How much your passwords are worth to cybercriminals (Author- Priya Anand, Market Watch)

With cyber crimes on the rise, Priya Anand of MarketWatch discusses recent findings reports from Trend Micro, a Tokyo-based cybersecurity firm. According to her article, a cyber criminal can purchase personal account information for less than the price of a latte on established underground online networks.  

  1. SEC warning could lower mutual fund fees paid to brokers (Author- Mark Schoeff Jr., InvestmentNews)

The Securities and Exchange Commission (SEC) Division of Investment Management recently posted guidance warning mutual fund directors to look more closely at fees the funds pay brokers and other intermediaries. Check out Mark Schoeff’s article in full for the details and continued SEC focus and scrutiny on this RIA regulatory focus area.

  1. FINRA’S New Target: Broker Culture (Author- Kenneth Corbin, Financial Planning)

What is your firm’s culture? FINRA wants to know! According to a recent article by Kenneth Corbin at Financial Planning, FINRA examiners will be putting a firms’ compliance culture under a microscope. FINRA will be looking for firms to focus on their culture and customized compliance program. While it’s important to remember that FINRA does not regulate RIA firms, investment advisory firms should still review this latest guidance.

  1. 7 compliance lessons from a tough year of enforcement actions (Author- Liz Skinner, InvestmentNews)

Looking back on 2015, Liz Skinner of InvestmentNews summarizes the top 7 compliance lessons from the year. The list touches on implementing cybersecurity policies and improving supervision responsibilities.

Be sure to check back next Friday for next week’s top articles!