Stop Waiting – The DOL Fiduciary Rule Implementation is June 9th

Memorial Day weekend will feel more like Labor Day Weekend for firms who have been taking a “wait and see” approach to the DOL Fiduciary Rule. Labor Secretary Alexander Acosta confirmed last night that the DOL Fiduciary Rule will not be delayed beyond June 9th.  While CCOs who have created, implemented and trained the field… READ MORE

Supervisory Controls Testing – Is Rule 3120 On Your To-Do List?

The beginning of the year is often a time for getting organized; reviewing and updating your firm’s compliance calendar to include FINRA’s required annual supervisory controls testing and reporting should be on your to-do list.  FINRA Rule 3120 requires broker-dealers to have in place a system of policies and procedures that annually test and verify… READ MORE