Effective March 15, a new SEC regulation will change certain registration exemptions to increase and streamline access to capital. These regulatory exemptions are critical to entrepreneurs, emerging businesses, and investors because they provide less complex and lower-cost alternatives …
Tag: FINRA Rule
New SEC Regulation Best Interest (Reg BI) raises the bar for broker-dealer conduct when making recommendations to retail customers. Effective June 30, firms are required to “do the right thing” for customers instead of what is within the …
A new retirement savings law, the Setting Every Community Up for Retirement Enhancement Act (the SECURE Act), took effect January 1, 2020, and includes changes that may impact questions on securities exams such as the Series 6, 7, …
The recent tax law, Tax Cuts and Jobs Act of 2017, implements significant tax reform for individuals, businesses, and municipalities in 2018. Although many of these changes are not specifically tested on Series exams, exam candidates will benefit …
FINRA rules for protection against financial exploitation for seniors and other specified adults are effective February 5, 2018. The two primary rule changes are: A new rule (Rule 2165) granting permission for firms to place temporary holds on …
On November 27, the Department of Labor announced an implementation extension for certain controversial provisions of its “Fiduciary Duty Rule’ that was effective in April 2017. The provisions covering exemptions for best-interest contracts and principal transactions will now go into …