DOL - Frequently Asked QuestionsGet the answers to many of the questions surrounding the DOL Rule, including: "What is Advisors Excel doing currently to work toward implementation?", "What will the rule mean for my business practice?" and more...
DOL Outlook: Your Guide to the New Fiduciary Rule
Through an ongoing series of webcasts over the next few months, Advisors Excel will bring you timely updates and clarifications related to the new DOL fiduciary rule and its implementation.
The Securities and Exchange Commission filed a record number of enforcement cases against investment companies over the last year, the agency announced Tuesday.Read More
Advisor cherry-picked profitable trades for his own account, misled seniors; penalty imposed for unqualified CCO appointment.Read More
Securities and Exchange Commission Chairwoman Mary Jo White said Tuesday the agency has progressed in its consideration of a rule to allow third-party examinations of investment advisers.Read More
U.S. District Court Judge Daniel Crabtree heard testimony for about 3.5 hours today on Market Synergy Group’s lawsuit challenging the Department of Labor’s controversial fiduciary rule.Read More
The House Financial Services Committee passed the Financial CHOICE Act Tuesday in a party line vote. The sweeping financial reform bill seeks to replace the Dodd-Frank Act and kill the Department of Labor’s fiduciary rule.Read More
The Lead The Way Initiative
The Lead the Way initiative from Advisors Excel offers you the very latest in educational resources, news links and bulletins, best practices and informative explanations to help you best serve your clients and stay informed of emerging developments in the tax, legal and regulatory areas.
December 18, 2015
On the subject of gifting, we wanted to remind you that there are substantial differences between the insurance standard and the securities standard. While securities regulations allow for gifts of up to $100 per year per client, insurance standards are lower in many cases and should always be taken into consideration. If the sale of an insurance product is contemplated or involved in your sales practice, you will need to adhere to the lower of the two standards for gifting, either insurance or securities.