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Top RIA Compliance News Articles for the Week of December 5, 2015

Dec 11, 2015

Our list of the top registered investment adviser (RIA) compliance and regulatory news articles for the week of December 5, 2015.

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 December 5, 2015:

  1. SEC Investor Advocate Wants Elder Fraud Rule for RIAs (Author- Melanie Waddell, ThinkAdvisor)

As the baby boomer generation heads into retirement, a growing concern is the potential increase for the number of elder fraud cases. Rick Fleming, a Investor Advocate for the Securities and Exchange Commission (SEC), is actively reviewing the appropriate rule for the agency to promote. 

  1. Ex-SEC Commish Paredes Urges Advisors to ‘Engage’ SEC on Third-Party Exam Rule (Author- Melanie Waddell, ThinkAdvisor)

As we head towards 2016, there are several new regulatory rules on the table for debate. On the front line, we have been hearing more chatter centered around third-party exams. As Melanie Waddell reports, former commissioner at the Securities and Exchange Commission (SEC), Troy Paredes, encourages advisers to be part of the discussion around third-party exams.

  1. 5 Not-So-Bold Regulatory Predictions for 2016 (Author- Chris Stanley, ThinkAdvisor)

As we move into 2016, Chris Stanley provides a few regulatory predictions including the future of securities attorneys, the skepticism and scrutiny of robo-advisors, and third-party compliance reviews. While the exact path of 2016 is up in the air, Mr. Stanley provides some good food for thought. Stay tuned. 

  1. Regulation Bashing (Author- David Armstrong, WealthManagement.com)

At a conference earlier this week, former SEC Inspector General H. David Kotz noted that the Department of Labor’s fiduciary proposal is still likely to ultimately pass this next year. However, as David Armstrong reports, both Kotz and former Congressman Spencer Bachus are skeptical that the proposal will ultimately benefit investors.

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