Meanwhile, another executive charged in same fraud dies in jail awaiting trial.
Latest batch of letters signal that the agency is increasing its focus on cryptocurrency tax compliance.
Double-digit returns on bond funds embracing longer durations can turn on a dime if interest rates start climbing.
The regulator issued an investor bulletin about indexed annuities that instead described a different product — a buffer annuity.
Markopolos cited the effect of new standards for how companies account for long-term care policies.
Its recent performance debunks the talk of cryptocurrencies serving as a safe haven.
IFS Securities facing 'substantial losses' from head bond trader's bet on Treasuries.
Advisers shrug off the threat of an imminent recession
American Equity, American Financial Group, Lincoln National and Principal say lower interest rates are leading to reduced annuity payouts and, in some cases, lower sales.
Harry Markopolos estimates GE needs to boost reserves by $18.5 billion for long-term care insurance portfolio
The agency may have fixed a big tax problem for RIAs, but issues remain with many fee-based products.
Large funds from Ashmore and Fidelity also suffered.
The inverted Treasury yield curve signals a recession is coming — but the timing is unclear.
Regulator delayed verdict on two applications until October.
Losing money in a bull market is 'red meat' for arbitrators.
Newday offers low-barrier access to portfolios built around United Nations' sustainability goals.
If the legislation passes, advisers would have more opportunities to offer lifetime income options to plan sponsors and participants.
Mistake occurred in the FTSE index the ETF tracks; Vanguard says it is considering additional controls.
As SEC moves toward easing rules on unregistered securities, advisers could become gatekeepers.
Agency issued a private letter ruling to Nationwide indicating that pulling an advisory fee from the annuity doesn't create a taxable event.
