The SEC Reg-BI Guidance For Small Businesses
Two things have become more worrying during my Reg-BI research. First, the CRS Form is not cheap to build. Each advisor may well spend an average of 23.77 hours and over $6,000 to build the form.But, the second, more worrying realization is that small firms are not as prepared as larger firms. As a Deloitte survey study found, small financial services businesses lag behind larger firms in their efforts to become compliant with Regulation best-interest.
ESG Remains Resilient During The Pandemic Crisis
ESG Commitment Keeping up with Traditional Investing Shifting from “E” to “S” Is it still ESG if it’s all Tech? Wait and See on ESG Don’t let headlines direct clients...Read More
IRA and Rollover Considerations
Reg-BI IRA and Rollover Considerations BDs and RIAs must keep a record of: Less than 2 months to the compliance deadline! Unfortunately, newly unemployed people may be considering rollovers from...Read More
5 Components To The Form CRS Examinations
What is the OCIE expecting by June 30th? 5 Compliance Components in the Form CRS Examinations There’s a lot more to learn about the CRS Form Form CRS may be...Read More
How Does The COVID Crisis Mix With Corporate Debt
Look to the past, lest ye beware What do the Rating agencies say? Bond Market History doesn’t offer much guidance In previous articles, Yon and I analyzed the threat of...Read More
Journey Through The Liquidity Trap
The Pandemic is a Supply Shock It’s a TRAP! A Liquidity Trap! So, who provides the growth? Odysseus’ Choice More risk scenarios in Portfolio Crash Test Pro (Banner Below) In...Read More