Fair compensation for women in the financial services industry remains a sore point.
Executive has been listening to advisers' worries for months, and finds serious confusion remains about responsibilities under the new regulation.
SEC makes preliminary determination for a possible enforcement action against UDF IV as Nasdaq moves to delist the REIT's shares.
Regulator said reps were incentivized to sell firm's annuities and discouraged from selling non-proprietary products.
Adviser loaded up client with alts beyond what his risk profile indicated, according to state agency.
The DOL version may be cumbersome, but there are enough examples of bad behavior in the business to justify tightening regulatory standards.
Firm anticipates expenses could go up $28M in next fiscal year, in large part because of costs connected with the fiduciary regulation. <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-faq"" target=""_blank"" rel="noopener noreferrer">A comprehensive, searchable database of advisers' fiduciary FAQs</a>)</i></b>
Broker-dealer's stock is up more than 30% since reports surfaced that it was considering a sale.
Mr. Bruton, who resigned suddenly from LPL Financial in April 2014, joined Oppenheimer sometime this month.
