Regulatory Compliance

Regulatory Compliance

Regulatory Compliance covers compliance with ethical codes of conduct as well as those promulgated by FINRA and the SEC. Much of the interaction a plan advisor has with plan sponsors and participants is governed by ERISA and agencies like the Department of Labor. But as registered reps or investment advisory reps, their conduct and activity are also regulated by FINRA and the SEC. In turn, broker dealers and registered investment advisors must also adhere to the rules relating to retirement plans, as well as their representatives’ interaction with the investing public. All these topics are covered by Portal Conductor Jason Roberts, CEO of the Pension Resources Institute.

Provider Argues for Arbitration in Proprietary Fund Suit

Charged with violating its fiduciary duties as a result of practices involved with including proprietary funds in its own 401(k) plan line-up, a provider says that the court “…need not even consider the viability of such implausible claims because, by virtue of arbitration agreements to which the plaintiff is bound, the Court lacks jurisdiction to hear them.”   Read More