The firm allegedly used high-cost, underperforming index funds in its hybrid target-date funds.
Broker protocol factored into increased breakaway broker movement.
75-year-old owner Arthur Grant positions the IBD for the 'next 33 years.'
Some say the rule will clear up investor confusion, but others say the SEC didn't go far enough.
Selecting a very conservative benchmark is generally permissible under retirement law.
Required policies, procedures give the regulator a way to gauge brokers' follow through on mitigating conflicts.
Firm does more with fewer advisers during the first quarter.
Trade groups are champing at the bit to have their say in response to the SEC hearing.
The proposed rule puts new restrictions on brokers, but it is still unclear how strongly the SEC is clamping down.
Commission says a lot of work ahead, public will have 90 days to comment.
The chairman emeritus of Raymond James said his best innovations were born out of necessity.
Chances of getting sued are more common now than five years ago, says one lawyer.
Chairman Jay Clayton will initiate momentous action Wednesday, as the commission meets to debate a rule on broker and adviser standards.
The agency's challenges mean confusion surrounding tax reform isn't likely to be cleared up any time soon.
IRS has yet to fully parse all parts of the Tax Cuts and Jobs Act, which could affect how much in taxes clients owe for 2018.
Respondents to PIMCO survey say target-date funds offer better value.
Proliferation of state retirement programs approaching the 'tipping point' where it will lead the federal government to step in.
Ensure your clients' individual retirement accounts are set for 2018
Broker attended partial day of hearing, then declined to show up for the rest.
Sanford C. Bernstein & Co. analyst Christian Bolu, concerned over stalled adviser growth and what it means for lending and deposit growth, believes the stock will "under perform."
