Plaintiffs warned the Fifth Circuit that Massachusetts' move against Scottrade signaled that the partially implemented regulation can raise costs for financial firms.
Says firm and broker Christopher Duke Bennett mishandled retirement accounts.
Many accounts are unfunded and not receiving contributions, group finds.
Olympic athletes can't afford to let momentary setbacks define their future — and neither can advisers
Fees are one of the most important metrics for advisers and plan sponsors when selecting TDFs.
This isn't exactly an amnesty program, but it's probably the closest thing.
Crooks stole their benefits, but the victims received 1099s for reportable income.
Citigroup's Corbat got the biggest raise last year, a 48% increase to $23 million
Move reportedly involves only relatively small international accounts.
The bank did not properly disclose that it was steering asset-management customers into investments that would be profitable for JPMorgan Chase.
Regulator scams, some using fake signatures of Finra executives, have been growing.
Agency failed to tell survivors that they could switch to a higher retirement benefit later.
There's no hard-and-fast rule, but too many can overwhelm participants and breed bad decisions.
Experts expect more states to follow Massachusetts' lead.
Following a change to the treatment of alimony, respondents said they expect divorce negotiations to become more acrimonious.
Elimination of the tax break divorcees get for paying alimony gives them less incentive to be generous to their former spouse.
Client invested $20,000 in a real estate investment controlled by the broker, who later used the money for his own personal use.
Action of Massachusetts' top regulator shows states can put teeth into a rule under review by the Trump administration.
Brokerage firms would no longer be able to charge reps for supervising nonaffiliated RIAs.
Plan sponsors will get access to Financial Engines' full suite of managed-account services and improved technology integration.
