Regulator censured the firm for failing to maintain copies of messages.
The custody rule can put unnecessary burdens on both the adviser and the client.
Concern about 'Rothification' as part of larger tax reform spurs lobbying.
In his first major speech as agency chairman, he says a guiding principle is 'long-term interests of Mr. and Ms. 401(k).'
Legislation would require brokers to 'avoid, disclose or otherwise reasonably manage' conflicts of interest.
Claimants wanted $3 million for alleged fraud, churning and negligence in bond trades
Though the House version would repeal the 3.8 percent tax on net investment income and 0.9 percent Medicare surtax, the Senate is trying to win over moderate holdouts.
The settlement, if approved, would be among the largest in cases alleging enrichment due to use of proprietary investments.
The plaintiff claims the plans were "loaded" with proprietary mutual funds, and 98% of the investable assets were held in company-affiliated investments.
Several obstacles await lawmakers, including an ongoing health-care fight and deadlines to keep the government running, let alone divisions among Republicans on the basic parameters of a tax bill.
Eligibility rules are more lenient for the survivors of young workers because of their brief careers.
By focusing on market diversification, you can more easily build winning portfolios based on objective data.
The solution to "If I think of someone, I'll let you know."
Powered by data and analytics, the human component of advice will become even stronger.
Advisers preparing new financial plans are flying blind when it comes to clients' health-care needs.
Finra may rethink its ban on class-action waivers in arbitration clauses, depending on whether the court sides with the Trump administration.
Employers can avoid headaches by not exercising control over the health savings account process.
Amazon serves up great prices at an amazing speed. Could it make financial advice easy, too?
Benefits of one — or both — could be reduced due to excess earnings.
