The DOL rule that requires acting in clients' best interests will apply to these accounts.
Most U.S. homes are worth less than before the crash.
If signed by the president, as expected, the resolution likely would have a 'chilling effect' on development of such retirement plans by states, due to the loss of the ERISA exemption.
The Financial CHOICE Act also makes substantial changes affecting many regulators, including the Securities and Exchange Commission.
The group also will mull amendments to arbitration procedures.
Says advisers working at a credit union misled investors on how they were paid
Finra censures Royal Alliance, FSC, SagePoint, Woodbury, levies $550,000 in fines.
The job of 401(k) advisers is to help all plan participants attain a respectable retirement, including those who have lost the ability to earn money.
New lending program marks Dynasty's first foray into ownership stake.
Two Texas reps sign on to employee channel
A third-party review found that 200 clients from the New England state bought nontraded REITs that violated LPL's guidelines and are eligible for an average of $40,000 apiece.
More than two hours of debate brings up old arguments from both Democrats and Republicans over whether rule will help or hurt the middle class.
Firm hires Katherine Collins to lead sustainable investing team
A similar measure is awaiting action on the Senate floor, where it is expected to pass.
Summit Equities sold 1,037 individual variable annuity contracts to its customers during the time period cited by Finra.
Jesse Joseph Holovacko took $255,000 from client IRA claiming to buy bonds.
Also known as a postmarital agreement, it's an increasingly popular variant of the prenuptial agreements that engaged couples have been signing for decades.
Alaska adviser adopts an unorthodox schedule to spend more time with his family.
A new tool lets users make an easy comparison between the cost of owning and renting a home.
Financial services groups urge new SEC head to make uniform fiduciary standard a priority.
