Matthew Kerby declined to participate in hearing looking into allegations.
Questions remain about long-term effectiveness of wirehouse's move away from recruiting experienced brokers.
The retirement crisis requires big and bold solutions from plan providers, advisers and sponsors.
Numerous changes to individual and business tax provisions are likely to create at least short-term demand for advice.
A plaintiff would have to state in their initial complaint why fiduciary duty was breached, and then prove the violation with 'clear and convincing evidence.'
ProShares and VanEck offerings are among those withdrawn at the agency's request.
Racquel Oden to oversee branch and wealth management teams for tri-state area.
But long-term, the agency may get around questions of constitutionality by changing the way it brings on administrative law judges.
Regulator set to inquire about Guillermo Valladolid's alleged outside activities.
Bradley Mascho already charged by SEC with abetting fraud.
It's one in a growing list of instances where plan advisers are being named co-defendants alongside their clients.
An article from the Wall Street Journal reveals that B-D reps are incentivized to recommend costlier investments to clients over cheaper ones.
Valuations of RIAs will continue to entail more art than science.
Will clients become more interested in paying commissions? Will the new tax law steer more financial advisers toward independent channels? It could.
While advisers face the difficult task of analyzing the law's impact, they will also have a significant opportunity to prove their value by implementing money-saving strategies for clients as well as their own businesses.
GOP promises workers will see increases in their paychecks starting in February.
Comment letters from the Committee for the Fiduciary Standard and the CFA Institute suggest the clarification is needed to differentiate brokers from investment advisers.
The decision could affect more than 100 cases currently at the SEC, along with a dozen that are on appeal.
Learn about the basics of the pass-through provision as introduced by the Tax Cuts and Jobs Act last 2017, the entities eligible and the tax implications
Claims that the regulation will harm the 'average Joe' investor by increasing costs, reducing access to advice and derailing retirement plans are bogus.
