Newswire

SEC Risk Alert: Five Most Frequent Deficiencies in Adviser Exams

February 10th, 2017

The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) published a risk alert with a list of the five compliance topics most frequently identified in adviser deficiency letters. The alert included examples of each of the typical deficiencies. Members of the Compliance Management program can find more information on RIAglass. Compliance Rule: Compliance manuals are […]

New York Cybersecurity Rule

February 10th, 2017

The New York Department of Financial Services has proposed a cybersecurity rule. Under the proposed rule, certain “Covered Entities” must develop and implement a broad cybersecurity program.  This program requires the development and ongoing testing of a cybersecurity policy and the designation a chief information security officer.  The proposed rule is scheduled to go into […]

Fiduciary Rule ‘Under Review’, Delay Expected

February 10th, 2017

On February 3, 2018, President Trump was expected to sign a draft of an executive order that was to delay implementation of the U.S. Department of Labor’s (the “DOL’s”) conflict of interest rule (the “Rule”) for 180 days.  MarketCounsel published a statement that day.  There was, however, no mention of the 180 day delay in […]

Statement on Today’s Delay of the DOL Fiduciary Rule

February 3rd, 2017

Brian Hamburger (@HDelux) called the DOL Rule “DOA” on the morning following the presidential election.  Even before then, he published an CNBC column in February 2015 and was quoted at a conference speech as early as June 2015, advocating for a more common sense approach to expanding the fiduciary duty than the DOL Rule which further confuses […]

In Closing @SanctuaryWealth, Jeff Spears Leaves Gifts.

January 30th, 2017

The firm’s founder and CEO leaves us with the gift of hindsight and an unexpected mention. Read it here.

The MSUM16 Event App has Been Released

November 28th, 2016

The app is available on both the Apple AppStore and Google Play Store.  Go to http://cnsl.me/MSUM16app and access with your attendee confirmation email. #MSUM16

The MSUM16 Event App has Been Released

November 28th, 2016

The app is available on both the Apple AppStore and Google Play Store.  Go to http://cnsl.me/MSUM16app and access with your attendee confirmation email. #MSUM16

.@Reince Priebus, “he’s one of those guys that transcend politics.” @HDelux to @MeredithHobbs @DBReview

November 15th, 2016

…and he’s speaking at #MSUM16. Close friend, Brian Hamburger, called Priebus “spectacular in his moderation and his ability not to be extreme.”  “Maybe back in the day that was not such a spectacular trait—but nowadays I think it is,” said Hamburger, who described his own politics as “staunchly independent.” “Reince has the ability to really […]

The @wealth_mgmt 2016 Industry Awards Digital Edition is out

November 15th, 2016

… and our victory lap is on page 48. Read more.

‘DOL is DOA’ says @HDelux to @RIABiz

November 11th, 2016

That’s according to MarketCounsel president and CEO Brian Hamburger.  “It’s now 100% dead,” Hamburger says in an email. “We expect DOL rule to be repealed prior to becoming effective in April 2017.” On Wednesday, Hamburger announced that both Priebus and Scaramucci would be featured guests at his upcoming MarketCounsel Summit, to be held Dec. 5-8 […]