Portions of the recent decision appear to be at odds with the DOL's intentions.
Brokers would be able to conduct continuing education online rather than having to go to a test center.
Stymied by hedgerows and long driveways, local jurisdictions have found a way to look over the fences.
The relationship could work well for non-fiduciary reps who service retirement plans, but that would change if the Department of Labor's fiduciary rule proposal passes in its current form.
Proposal would require brokerage firms to include links from their websites to a public database containing brokers' histories.
Rep. French Hill says the broker-dealer SRO is the best equipped regulator for the job.
Chief broker regulator finds a lot to dislike in proposal, including unintended consequences such as a possible cutback in sales of IRAs.
Pensions & Investments survey finds fund giant still tops in managing retirement assets, followed by Fidelity. BlackRock is gaining ground, helped by target date, index funds.
John Thiel's outspoken support of a best-interest standard and the Labor Department's effort puts pressure on peers. <i>(See also: <a href="http://www.investmentnews.com/article/20150414/FREE/150419976/labor-department-proposes-controversial-fiduciary-rule" target="_blank">DOL proposes controversial fiduciary rule</a>)</i>
Broker's former daughter-in-law claims churning and fiduciary breach.
Finra makes some information more prominent, but system still doesn't go far enough plaintiffs' attorneys say.
$150 million acquisition adds about 730 advisers and independent reps managing more than $20 billion in client assets to the St. Louis firm run by Ron Kruszewski.
Yes, retirement is important, but so are other financial goals
Stream of scandals, most suggesting failure of oversight by its management, raises the issue
Regulator wants feedback on listing, trading and marketing of ETPs.
<i>Breakfast with Benjamin</i>: A downward revision of first quarter GDP can be called an aberration, but that won't make it any less bad.
When clients start a financial conversation with decreased confidence and a perceived loss of control, they often resist taking action.
Advisers can provide basic education on distribution options, even if the Labor Department's proposed fiduciary rules are still murky.
Proposed rules would require advisers on their Form ADVs to divulge more about their use of separately managed accounts and social media activities
Lawmakers argue that agency hasn't justified a 15% increase for 2016
