As broker-dealers move toward uniform commissions to comply with Labor Department rule, investors could end up paying higher prices than in an unregulated environment. <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">The DOL rule from all angles</a>)</i></b>
State plans would not be subject to ERISA, which some in the industry fear will give them a leg up on private plans.
Brian James Egan agreed to be barred from the brokerage industry.
Brokerage firm failed to notify customers of changes in their account records as a result of a computer coding error, regulator claims.
Agency's Advisory Committee on Small and Emerging Companies wants people with a Series 7, 65 or 82, or a CFA, to be eligible to buy unregistered securities.
Case follows the SEC making wrap accounts an examination priority this year; agency is looking at whether advisers are acting in clients' best interests with these vehicles.
Agency apologizes and says it will pursue other security authentication options.
The firm's minimum for its automated investing platform is not unheard of, but in the future that number may be even lower, experts say.
After months of testing, Fidelity Go is up and running, giving investors access to an automated platform with traditional management.
The world's most valuable bank plans to start a robo-advisory service in 2017, Chief Operating Officer Tim Sloan said.
Ex-Morgan broker Aaron Parthemer put a pair of athletes in investments that later turned out to be worthless.
Custodians are becoming more attracted to the business of automated advice, and are using vast resources to introduce their own consumer platforms.
Texas group had formerly been affiliated with Cetera.
Republican presidential candidate's acceptance speech to the RNC makes big promises but offers little specifics on how he would cut taxes or reform regulations.
Massachusetts securities regulator says agents for six B-Ds and an RIA submitted unauthorized proxy votes for nontraded REITs controlled by a Nicholas Schorsch firm.
Are the newest technologies a disruptive threat or will the industry embrace this brave new world to operate more efficiently and with greater client satisfaction?
ETFs convey substantial benefits to investors while providing liquidity to our markets
Louis D. Dworsky was found in breach of promissory notes when he left the brokerage firm.
Most traditional IRA investors start with rollovers.
