This document contains a notice of amendment to class prohibited transaction exemption (PTE) 2020-02, which provides relief for investment advice fiduciaries to receive certain compensation ...
This is the Department of Labor's 2024 final rule redefining a fiduciary under ERISA
SEC exams continue to hammer on off-channel communications, adjusting to the DOL's new exemption, Peirce decries pay-to-play crackdown ahead of November's elections, FINRA files fresh ...
As with exams over the past year, the DOE quizzed about the use of electronic communications for business purposes
Firms must e-mail the DOL by Sept. 15th at QPAM@dol.gov, including “the legal name of the entity and any name the QPAM may be operating ...
The Division encourages advisers to reflect upon their own practices, policies, and procedures and to implement any appropriate modifications to their training, supervisory, oversight, and ...
IA penalized $60K for running afoul of the Commission's pay-to-play rule
A staffer at the adviser "made a campaign contribution to a candidate for elected office in Minnesota, which office had influence over selecting investment advisers ...
"Individual liability for disclosure failures related to AI as a security threat may therefore be of particular interest to you"
"This case is yet another illustration of the overbreadth of the pay-to-play rule and another reminder of the way the rule hampers legitimate political participation"