Staff recommendations on a potential rule to raise retail investment advice standards are being considered by commissioners, but a proposal is not imminent.
Plus: Deutsche Bank selloff linked to Obama administration leaks, knowing your active commodity ETF, and the real cost of “free”
If the firms decided to take shortcuts — and in the recent F-Squared case it seems like they did — they should be held accountable.
Advisers should develop a social media strategy, bearing in mind the SEC's guidance.
The industry fails investors by clutching to a long-gone past, rather than moving forward by offering proven, updated investment approaches offered to large institutions.
Measure also contains requirement for SEC to conduct 'rigorous' cost-benefit analysis before proposing its own fiduciary-advice rule.
When helping retirees tap retirement assets efficiently so they don't run out of money in retirement, America is a laggard.
When helping retirees tap retirement assets efficiently so they don't run out of money in retirement, America is a laggard.
Investing in stocks that provide both high and growing dividend income may benefit a portfolio undergoing the duress of withdrawals.
Because of the DOL fiduciary rule, Cerulli expects more money will remain in employer-sponsored retirement plans.
They caution that making advisers liable for fraud if they lack such a plan is the wrong way to achieve investor protection goals.
Some of the firms' clients weren't aware of costs paid beyond the wrap-fee programs
A huge potential awaits financial advisers with the advent of more workplace savings programs. Once people have a retirement plan, they're in the market.
Ignoring proxy letters could lead to lost assets.
Company founded by one-time real estate mogul Nicholas Schorsch announces $3 million settlement with Massachusetts Securities Division and said it will lay off nearly 150 employees.
But increase would be seven times higher if pegged to Consumer Price Index for the elderly.
Lawyer representing the two Florida planners was grilled at a hearing on Wednesday over his argument of selective enforcement.
Five candid reponses on how he will lead the firm, the virtues of robo-advice, and rooting for both the Cubs and White Sox.
New six-member panel will take input from members regarding concerns about groups that formulate policies affecting planners.
As fiduciaries, advisers have twin duties of loyalty and care to their clients.
