The Compliance Digest

Get expert compliance tips and up-to-date regulatory news.

NY Court Strikes Down Regulation 187

The Appellate Division of the New York State Supreme Court, Third Department, has struck down the New York Department of Financial Services’ Regulation 187, based on the finding that the rule is unconstitutionally vague. Read More

The DOL Rule is Going into Effect. Is Your Firm Ready?

As your firm’s Chief Compliance Officer, it’s crucial for you to make sure your firm is ready to comply with the new regulation and that your representatives are prepared to act in their clients’ best interest. Read More

DOL Publishes FAQ on Fiduciary Rule

The Department of Labor has released its second wave of frequently asked questions regarding the forthcoming fiduciary rule. While the first announcement was intended for financial advisors impacted by the rule, this list was written for a completely different audience – retirement investors. Read More

Takeaways from the FINRA Small Firm Conference

On November 9, 2016, FINRA kicked off its annual "Small Firm Conference" in Phoenix, Arizona. Keynote speakers included FINRA’s CEO Robert Cook as well as the DOL’s Chief Operating Officer of DOL Employee Benefits Security, Tim Hauser. Read More

Your Questions to the DOL Fiduciary Rule Answered

The Department of Labor has released its first series of Frequently Asked Questions (FAQ) regarding the fiduciary rule. In total, there were 34 questions and answers, most of which circled around the rule’s Best Interest Contract Exemption. Read More