That leads us to a basic question on what constitutes a success or a failure in a BI system. There are two fundamental indicators of a successful BI implementation. First, is BI institutionalized in ...

Now that financial firms know that the deadline for implementing the Securities and Exchange Commission’s higher investment-advice standard for brokers remains June 30, they have to figure out what ...

Despite the ongoing spread of COVID-19 in the United States that has forced many firms to implement business continuity plans and work remotely, the SEC is holding fast to June 30 as the ...

An open letter to two U.S. Senators emphasizes that the SEC must receive sufficient fiscal support to effectively oversee the industry’s ongoing implementation of Regulation Best Interest and Form CRS ...

Firms must demonstrate a “good faith effort” to comply. Last month, SEC Chairman Clayton issued a public statement communicating that firms should not expect a delay of the June 30, 2020 compliance ...

The implementation date for Reg. BI and Form CRS remains June 30, 2020. The SEC’s initial compliance review will be focused on “good-faith efforts.” Firms should make good faith efforts to implement ...

BI software – tools, platforms, and applications alike – holds great potential for helping organizations readily access the enterprise information needed to make informed business decisions and, ...

While most broker-dealers are making a “good faith effort” to comply with Regulation Best Interest, some firms are not properly implementing the massive new retail investment advice rules designed to ...

Andrew Hartnett, president of the North American Securities Administrators Association, recently said in an interview that a massive, multi-state sweep of broker-dealers will be completed sometime ...

More than half of healthcare organizations have yet to implement business intelligence systems. And with shifts toward pay-for-performance, that could leave their bottom line open to financial hits.