Amid last month’s volatile markets, 401(k) investors headed toward fixed income and away from equities.
Under the regulation, advisers would have to adopt and implement policies and procedure to address cyber risks and report incidents to the SEC and on their Form ADV.
Meanwhile, the adviser, James Iannazzo, who was arrested after an incident at a Connecticut smoothie shop, was ordered to stay away from the shop, according to a news report.
The Reg BI examination results are part of a 60-page report outlining the regulator's 2022 priorities.
Emergency savings tools are becoming more common in retirement plans, but many RPAs still have misconceptions about them.
The monthly sessions over the course of a year are designed to help the firm's next-gen advisers build their businesses.
Advisers' nominal payout is far from a full representation of the economics related to the relationship they have with their firms and clients.
Maryland, Mississippi and Vermont are the first states to put the NASAA model rule into effect.
The SEC has rejected several Bitcoin ETF proposals because of concerns about potential investor harm tied to a crypto market it does not regulate.
Treasury's Liang says that firms offering the coins should face the heightened scrutiny that lenders receive under U.S. rules.
The automaker reported in its 10-K that it has begun to match employees' 401(k) contributions.
The six-adviser team in St. Louis, Planify Group, is affiliating through super OSJ Cornerstone Wealth Management.
Net inflows increased to $8.5 billion in 2021 from $7.7 billion in 2020.
The Chicago-area advisory firm, Inspirion Wealth Advisors, will use equity infusion to develop next-generation planners and potentially make acquisitions.
A transition to zero net emissions has big implications for clients' portfolios and risk, the asset management firm said in a recent letter.
The agency is asking the public to comment on recent applications for exchange-traded funds linked directly to the price of Bitcoin and whether such funds could be a vehicle for fraud.
There's something a lot worse than being down 35%, and that's being down that much and then going nowhere for a decade or more.
The Crypto Market Integrity Coalition is amendable to regulation and wants to help shape it. The 17 members signed a pledge to combat fraud and manipulation and ensure fair digital markets.
Although wirehouses are shrinking, the study finds their reps have an average AUM of $198 million, versus an average of $88.1 million industrywide.
Research from the TIAA Institute says high school lessons in budgeting and credit pack more punch.
