A new FINRA analysis finds that the first full year of Reg BI and Form CRS compliance was rife with instances of poorly written supervisory procedures, inadequate staff training and conflict of ...

Financial services regulation doesn’t lack for the occasional drama. In early June the Securities and Exchange Commission (SEC) adopted Regulation Best Interest (“Reg BI”), the Form CRS Relationship ...

One critical component of the Regulation Best Interest is the customer relationship summary form, or “Form CRS,” which provides new and existing clients with detailed information about a firm’s ...

Your financial adviser may have presented you with a new compliance form called Form CRS. This form is now being required to be sent to clients by the Securities and Exchange Commission (SEC), which ...

Form CRS is one of the latest Reg BI requirements for wealth management firms, and it’s not going anywhere anytime soon. But what are the latest updates to Form CRS, and how can firms prepare for a ...

The SEC’s new Form CRS, the ultra concise disclosure document that requires advisors to lay out their obligations to clients in “plain English,” may be a bigger compliance lift than some firms realize ...

Investment advisers registered with the Securities and Exchange Commission are scrambling to put together a client relationship summary required by the agency’s investment advice reform rules that go ...

Financial services firms may be failing to disclose disciplinary history on their Form CRS for a variety of reasons, from intentionally covering past misdeeds to failing to provide proper oversight on ...

The Securities and Exchange Commission warned financial firms not to omit the disciplinary history of the firm or its personnel from a new disclosure document. Top agency officials said SEC staff ...