“The days of unreasonable deadlines have passed,” declared SEC Chairman Paul S. Atkins late last month. The head of the SEC was referring to the commission’s vote to extend the compliance date to June 30, 2026, for the amendments to the broker-dealer “Customer Protection Rule (a.k.a. Rule 15c3-3).” “This extension will provide more time for… Read More >>
FinTech Brief: DTCC’s AIP Services Gains Funds & Clients
DTCC officials have announced a milestone for its Alternative Investment Product Services (AIP), which has had a 20 percent increase in the number of funds to 10,000-plus unique funds. In addition, the number of AIP clients has risen to more than 2,200, an increase of 28 percent. These increases occurred over the past year. The… Read More >>
Vestmark Launches Robo Advice Platform
Vestmark Targets Brokers, RIAs, Asset Managers & Banks Wealth management technology vendor Vestmark is launching a hybrid “robo service” that blends human and automated advice delivery via robo-advice platform. The VestmarkONE Robo Solution has been designed to help advisors who need digital support via a turnkey offering. The vendor is targeting broker/dealers, registered investment advisors… Read More >>
