Atkins Faces Ticking Clock as He Reshapes Rules for Wall Street
Action Required: Monitor upcoming SEC rule proposals and prepare for potential changes to compliance requirements.
SEC Chair Paul Atkins is set to release approximately 30 new rule proposals this year, aiming to future-proof them against policy shifts. Financial advisors should anticipate a significant wave of regulatory changes from the SEC, which could impact their operational procedures and compliance requirements.
Read full article at WealthManagement.comWant the full daily Briefing?
30 stories like this every day, with Action Required call-outs and direct lines to ask Aria — finsay's AI compliance assistant.
Try free for 14 daysRelated stories
- Trump Accounts auto-opened Oct. 1 but have your clients claimed theirs?
New 'Trump Accounts' (likely referring to specific 529 or similar savings vehicles) were auto-opened on October 1, but many remain unclaimed…
- Wells Fargo and Merrill Lynch settle excessive commissions probe
Wells Fargo and Merrill Lynch have settled a $4.4 million probe with state regulators regarding excessive commissions charged on small-dolla…
- SEC Crypto Custody Proposal Draws Divisive Reactions
The SEC has proposed new rules that could allow financial advisors to self-custody crypto assets under specific conditions, aiming to reduce…