Brokers and investment advisors should thoroughly understand products and clients' financial needs before making recommendations, the SEC said in the bulletin.
A total of 16 people, many affiliated with a Quaker group, were arrested Wednesday outside the company's Malvern, Pennsylvania, headquarters.
The insurer has settled with the Department of Labor; the policies in question were part of employer-sponsored insurance where workers had opted for supplemental coverage.
Republicans on the House Financial Services Committee questioned the SEC leader about the roughly 50 rules the agency has proposed over the past two years.
The California auto-IRA program is not only the biggest in the country, but its arrival correlated with a pick-up in new 401(k) plans in the state.
Demand for robos might be cooling, but many are still interested in them, despite a lack of understanding.
Charles Schwab executives had hinted at possible hiccups ahead of the massive account migration coming in September.
Most advisors are avoiding recommending cryptocurrencies to their clients, a CoreData Research survey found.
The governor signed an executive order this week that entails only limited practical restrictions on state assets but could have a chilling effect.
As the firm announces a settlement of suits brought by Preston Hollow Community Capital, Nuveen announced that John Miller is retiring and will be replaced by Daniel Close.
