5/20/2013
The game's far from over but at halftime investment advisers hold a big lead over their broker-dealer counterparts in the race for comments over the SEC's harmonization request (IA Watch, March 11, 2013).You have until July 5th to share your comments. We sampled some of the more than 60 received so ...
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5/20/2013
It's natural to be nervous about testing your business continuity plan. Who wants to be the one to blame if it doesn't work?Consider a solution from FrankGiorgio, the CCO at Providence (R.I.) Investment Management ($11.9B in AUM): Conduct the test at night. Long before Super storm Sandy churned up t ...
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5/20/2013
A recent FINRA settlement with a former Merrill Lynch rep illustrates the wisdom of having good safeguards in your procedures surrounding the transferring of customer assets to third parties (IA Watch, April 22, 2013).Internal procedures prevented the firm from being duped by an individual who imper ...
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