GDPR: Impacts on American Firms without EU Clients

  Confirmation that your firm does not hold any EU citizen’s (“data Holders”) data is the first step in complying with the new General Data Protection Regulation (“GDPR”), effective May 25, 2018.  There will still be some decisions and changes awaiting you.  Firms without any EU citizen’s data will be impacted in three main ways:… READ MORE

State Enforcement Action Has Department of Labor Fiduciary Rule Implications

On February 15, 2018, the Massachusetts Securities Division filed an administrative complaint against a brokerage firm based on policies and procedures that were adopted in light of Department of Labor (DOL) Fiduciary Rule requirements.  In its Complaint, the Division alleged that certain sales contests held in 2017 violated those policies and procedures and constituted unethical… READ MORE