Bill Hamm of IFP Securities said the SEC started its inquiries last year into broker-dealers that had sold GWG bonds.
SEC Chair Gary Gensler is proposing sweeping changes to the rules underpinning the U.S. stock market, including a possible auction mechanism that would help retailer investors get the best pricing for their orders.
The new exchange-traded funds will serve as the underlying components for Putnam's ESG-focused target-date series, in addition to the company's existing Sustainable Leaders ETF and Sustainable Future ETF.
Private equity-backed Alera Group acquires $3.5 billion Wharton Business Group and says it plans to buy more firms.
The crypto offering, still in its early development, could be available late this year or early next.
While chances of passage are slim ahead of November’s midterm elections, it could act as a starting point for negotiations next year.
The blockchain infrastructure company is launching a business aimed at introducing cryptocurrency across a broker-dealer's workforce of financial advisers.
Vanguard's influential 'How America Saves' report shows 401(k) plan participants are facing increasingly complex financial situations and life events.
Even with the recent recoveries in the stock and bond markets, the classic 60/40 split may be a thing of the past, and some argue alternatives are the future.
ForUsAll, a 401(k) provider that specializes in alternative investments, alleges that Labor exceeded its authority by trying to institute an effective ban.
John Sherman Jumper, a 17-year veteran of the securities industry, was based in Memphis, Tennessee.
The Biden administration is now saying upward pressure on prices could be the new reality, which has advisers getting more creative.
Covid-era restrictions mean those traveling overseas should have backup plans for their health care and finances.
Blackstone's CEO says the firm sees a 'huge' opportunity with retail investors and advisers, while a Morgan Stanley executive talked about recent and potential acquisitions.
The restitution settles Finra charges that the firm recommended Class C shares with ongoing fees when more affordable Class A shares were available.
Closed-end funds have emerged as a potential solution for retirees seeking to smooth out their cash flows and in turn soothe their shaken nerves.
The actively managed mutual fund uses both proprietary and third-party ESG ratings.
Madison Avenue Securities didn't disclose or didn't adequately disclose conflicts associated with compensation the firm received from certain advisory client investments.
A Financial Planning Association survey finds rising rates of advisers planning to increase and decrease ESG use this year.
Marc Korsch, who was booted from the securities industry last year, has a staggering 33 disclosure items on his BrokerCheck report.
