More On Legal & Compliance
from The Advisor's Professional Library- Best Practices for Working with Senior Investors Securities examiners deal harshly with RIAs that do not fulfill their fiduciary obligations toward senior investors, as the SEC and state securities regulators view older investors as particularly vulnerable and in need of protection.
- Preventing and Dealing with Client Complaints Although the SEC has not provided specific guidance on how client complaints should be handled, a firm’s policies and procedures should provide clear direction how to do so, as neglecting complaints can exacerbate a bad situation.
The joint committee will focus on retail investor perspectives and the role exchange-traded funds (ETFs) may have played in the so-called "flash crash" on May 6. The meeting, which will be open to the public, will be held at the CFTC headquarters in Washington and will also be webcast on the CFTC's website.
SEC Chairman Mary Schapiro and CFTC Chairman Gary Gensler will make opening statements. The confirmed panelists are as follows:
Michael Mendelson, Principal, AQR Capital Management;
Noel Archard, Head of U.S. Products, Blackrock;
Charles Rotblut, Vice President and Editor, American Association of Individual Investors;
Chris Nagy, Managing Director, Order Routing Sales and Strategy, TD Ameritrade;
Kevin Cronin, Director of Global Equity Trading at Invesco; and
Pamela J. Craig, Chief Financial Officer, Accenture.
