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529 Plan Costs: Advisers, Broker-Dealers Brace For Finra Crackdown

TedTed
in The Bullpen
FYI: Finra is primed to start​ flexing its muscles against broker-dealers that allow their advisers to sell high-cost college savings plans. But rather than plowing ahead with penalties, the regulator is offering clemency to encourage reform. Will firms bite?

The Financial Industry Regulatory Authority Inc. finds brokerage firms aren't doing enough to reasonably supervise the share classes their brokers recommend in 529 plans.
Regards,
Ted
https://www.google.com/search?source=hp&ei=vRmFXJbkLcGMjwSy5Jn4DQ&q=+Regulation+529+plan+costs:+Advisers,+broker-dealers+brace+for+Finra+crackdown+&btnK=Google+Search&oq=+Regulation+529+plan+costs:+Advisers,+broker-dealers+brace+for+Finra+crackdown+&gs_l=psy-ab.3...4688.4688..19820...0.0..0.81.153.2......0....2j1..gws-wiz.....0.cHLd9IFB3Kg
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