The Financial Services Institute, which represents financial service providers, has written to the Securities and Exchange Commission to oppose a proposed rule that would strengthen disaster planning requirements. So reports InsuranceNewsNet.
Litigation by a husband and wife financial planning team could be the last legal action taken against the CFP board with the organization having passed a mandatory arbitration requirement. So reports Financial Planning.
Registered investment advisors with high-risk employees, such as those individuals who have faced disciplinary actions or have been barred from a broker-dealer, will face increased regulatory scrutiny, according to guidance recently released from the Securities and Exchange Commission. So reports CNBC.
This summer’s vote by the United Kingdom electorate to leave the European Union sent a shockwave through capital markets, with investors fearing that the action could lead to a reduction in investments in the country’s corporations, cumbersome trading restrictions, and further moderation of economic growth.