Legal & Compliance

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  Stop Denying Investor Rights: End Forced Abitration Now

  By Heath Abshure, NASAA President  |  May 16, 2013

  For too long, investors have been forced to "take it or leave it" by mandatory pre-dispute arbitration clauses. The time is now for this denial of investor rights to end, which is why NASAA supports the Arbitration Fairness Act.

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  Phyllis Borzi: The 2013 IA 25 Extended Profile

  By Melanie Waddell, AdvisorOne  |  May 15, 2013

  Despite taking a drubbing over her insistence on issuing a rule to amend the definition of fiduciary under ERISA, Phyllis Borzi remains steadfast in her conviction to do so.

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  Ex-BlackRock Fund Manager Arrested for Insider Trading

  By John Sullivan, AdvisorOne  |  May 14, 2013

  The arrest is the latest in a string of high-profile apprehensions by Britain's Financial Conduct Authority.

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  Richard Ketchum: The 2013 IA 25 Extended Profile

  By Melanie Waddell, AdvisorOne  |  May 14, 2013

  FINRA CEO Ketchum says that the regulator continues to believe current levels of advisor oversight and exams are "unacceptable and a risk to investors."

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  Five Years After the Crisis, Can We Prevent the Next One?

  By Gil Weinreich, AdvisorOne  |  May 13, 2013

  The U.S. has made progress, but measures like money-market fund regulation are needed to avert future financial instability, a Fed governor says.

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  SEC, FINRA: Beware Pension, Settlement Income Stream Deals

  By Melanie Waddell, AdvisorOne  |  May 10, 2013

  In a joint alert issued Thursday, the SEC and FINRA provide investors with information about what to do before buying or selling such rights and urge them to proceed with caution.

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  FPA’s Man in Washington Speaks of Planner Group’s Priorities

  By James J. Green, AdvisorOne  |  May 9, 2013

  At FPA Retreat 2013, Daniel Penchina voices optimism on SEC user fee legislation; vows more help for state FPA associations.

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  SEC Enforcement Roundup: Harrisburg, Pa., Charged With Securities Fraud

  By Marlene Y. Satter, AdvisorOne  |  May 9, 2013

  The city was charged with making misleading public statements. Meanwhile, the SEC charged four traders with bribing a Venezuelan official.

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  NASAA Joins FINRA in Fight Against Schwab Class-Action Ruling

  By Melanie Waddell, AdvisorOne  |  May 9, 2013

  State securities regulators are throwing their support behind FINRA in its battle to overturn a decision by its hearing panel that allowed Charles Schwab & Co. to block customer participation in class-action lawsuits.

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  Lawmakers Launch Website to Crowdsource Tax Reform

  By Melanie Waddell, AdvisorOne  |  May 9, 2013

  Recognizing that Washington doesn’t have all the answers, Sen. Max Baucus and Rep. Dave Camp have debuted TaxReform.gov, where the public can weigh in.