Even opponents of the DOL rule appear to be zeroing in on titles that cause confusion with the investing public.
The bill would delay the fiduciary rule's implementation two years from the time the legislation is enacted.
Plaintiffs had alleged company was imprudent in continuing to offer company stock as an investment option after it had declined in value.
Veteran adviser manages $170 million in client assets.
The agency's Division of Investment Management provides guidance on how to communicate changes to sales loads that level compensation for brokers.
The increase in contribution rates over the past few years has resulted in billions of dollars in additional retirement savings.
By shopping around, consumers can find banks that are less aggressive about collecting overdraft fees.
Whether you are receiving monthly checks or still paying in, be aware of these adjustments.
The increase in contribution rates over the past few years has resulted in billions of dollars in additional retirement savings.
Whether your clients are receiving monthly checks or still paying in, be aware of these adjustments.
Conversations about work and personal fulfillment may lead clients to more successful retirements
CEO Robert Moore proves he's not afraid to go toe-to-toe with LPL to recruit top advisers.
Two large independent broker-dealers are latest to retain commission structure. <b><i>(More: <a href="//www.investmentnews.com/article/20161030/FREE/161029902/broker-dealers-split-on-commissions-in-wake-of-dol-fiduciary-rule"" target=""_blank"" rel="noopener noreferrer">B-Ds split on commissions in wake of DOL rule</a>)</i></b>
Investors Capital is in the process of closing down and moving its advisers to another Cetera firm.
The judge dismissed claims of fiduciary breach under ERISA, largely falling in line with judgments from similar cases.
Some indexed annuity distributors are poised to get a shot in the arm from the proposal, which would make it easier for independent agents to sell the annuities under the rule.
Jay Clayton, who specializes in securities transactions at law firm Sullivan & Cromwell, would likely serve as a "capital-raising facilitator dealmaker," according to a former senior enforcement counsel in the SEC Miami office.
Companies affiliated with Wells Fargo & Co. received the largest of the penalties assessed by the regulator, which has been pursuing a broader crackdown for cybersecurity failures.
The regulator cited a broad breakdown with the firm's failures to supervise client and adviser information.
