The states' lawsuit challenging the SEC's Reg BI suggests legislators need to provide clearer guidance to regulators.
A state-by-state approach to fiduciary standards would create a confusing and counterproductive regulatory patchwork that would impede advisers' ability to provide guidance.
The Nobel Prize winner says the odds of a recession in 2020 are less than 50%.
With $113 million in client assets, John Kerr bolted from Jones to Thurston Springer Financial.
Finra CEO Cook: 'It's not our rule. It's an SEC rule.'
Claiming benefits on an ex can speed collection of benefits on a new spouse.
Thanks to changes in the tax law, 529 plans are being used as estate planning tools and to pay for more education-related expenses than ever before.
Proposals made by Democratic presidential candidates bring into question future need for 529 college savings plans.
Investors are bailing out of concentrated ETF strategies in favor of safety and diversification.
The parties in the MIT 401(k) suit negotiated an agreement that spares Ms. Johnson from having to undergo cross-examination.
Some of the broker-dealer networks 7,000 advisers are underwhelmed by offer.
The departures follow the news that Jackson National halted sales of some products in the state.
Reps joined J.P. Morgan instead of Wells Fargo after shutdown of CS wealth management unit.
But consolidation in Europe has proven challenging, with Deutsche Bank and Commerzbank breaking off talks earlier this year.
Sage Future Financial marks Mercer's move into New Mexico.
Harvest to focus on banks and credit unions instead of independent advisers.
Improper trading practices resulted in losses for investors, says regulator.
Mitchell Friedman failed to disclose how he profited from funding arrangements.
Despite overwhelming bipartisan support in the House, measure remains stuck in the Senate.
Legal and administrative challenges have stalled uptake by plan sponsors.
