Author: NAPA Net Staff

Article Index

17 State AGs Ding SEC Proposal

As the deadline closed, New York’s Attorney General filed comments with the Securities and Exchange Commission largely dismissive of the proposed Regulation Best Interest – and she’s done so with a coalition of 16 other Attorneys General.   Read More

NAPA Black Book Submission Period Is Now Open!

In 2015, NAPA launched its first-ever “Black Book” – the annual directory of the nation’s leading providers for retirement plan advisors. Since its introduction, the Black Book has become the definitive compilation of industry providers, and is something that advisors keep on their desks as a reference tool.   Read More

Bay State Balks at Best Interest Proposal

Massachusetts Secretary of the Commonwealth William F. Galvin says that the SEC has proposed a “weak and unclear standard” which, unless modified, will force the Bay State to adopt its own rules to protect investors and require broker-dealers to provide non-conflicted advice in the best interest of their clients.   Read More

ARA Asks DOL for Clarity on Rollover Recommendations

The March 15 decision by the 5th U.S. Circuit Court of Appeals to invalidate the DOL fiduciary rule resolved some issues – and created some uncertainties for retirement plan advisers, most notably their status regarding rollover advice to plan participants in plans to which the adviser is currently a fiduciary investment adviser.   Read More