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Weekend Reading For Financial Planners (Jan 14-15)

Nerd's Eye View

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the Federal Trade Commission has proposed a nationwide ban on noncompete clauses in employee contracts, aiming to give employees more freedom to change jobs within the same industry.

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The Latest In Financial #AdvisorTech (August 2022)

Nerd's Eye View

AssetMark acquires Adhesion Wealth from Vestmark as TAMPs continue to seek scale for both technology development and distribution. The deal is well timed to a recent Risk Alert from the SEC about advisors engaging in (unwittingly) incorrect billing due to a lack of strong billing systems and processes.

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Performance Advertising Guidelines For Investment Advisers Under the SEC’s New Marketing Rule

Nerd's Eye View

But for many years, advisers looking for guidance from the Securities and Exchange Commission (SEC) regarding what kind of performance advertising was permissible had to rely on fairly general guidelines and SEC staff statements in the form of “no-action” letters.

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Weekend Reading For Financial Planners (July 13-14)

Nerd's Eye View

Also in industry news this week: 2 House committees this week advanced legislation that would halt implementation of the Department of Labor's new Retirement Security Rule, which, combined with ongoing lawsuits, threaten to derail the regulation either before or soon after it becomes effective in late September A Federal judge has put the future of (..)

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: Former Wells Fargo executive agrees to pay $3 million fine

MarketWatch

Securities and Exchange Commission said late Tuesday. million penalty paid by Stumpf in previous settlements to distribute the sum to “harmed investors.” Tolstedt has agreed to pay $3 million to settle charges connected with allegedly misleading investors about the success of the Community Bank, Wells Fargo’s core business, the U.S.

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Will Grasim’s Entry into the Paint Business Impact Asian Paints?

Trade Brains

Asian Paints, the industry leader, continues to dominate with its strong brand presence and extensive distribution network. Since 70% of these dealers overlap with those distributing paint, Grasim can tap into an already well-established network to sell its paint products.

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SEI Investments Distribution Co. Rule 605 and 606 Reports

SEI

SEI Investments Distribution Co. SEI Investments Distribution Co. SEI Investments Distribution Co. To make both the execution quality of the securities markets and order routing performance of brokerage firms available to the public, the Securities and Exchange Commission (SEC) adopted Rule 605 and Rule 606.