Certain provisions of the rule will kick in putting those affected advisers more squarely in the line of fire of the litigation enforcement mechanism of ERISA.
Takes enforcement action against firms taking money to tout stocks.
The five-year class-action battle involved 1,056 former financial advisers.
Expect rapid product innovation and growing demand in this area, along with considerable business opportunity
Advisers have to make accommodations, but some believe the changes are worth it to forge deep and long-term relationships with young clients.
Firm says it will look for talent among teachers, entrepreneurs and former athletes.
The plaintiff takes issue with a so-called "layering scheme" in BlackRock's fund structure, whereby a fund's underlying proprietary investments charge additional fees that "cannibalize" returns for employees.
Explanations for removing a complaint from a broker's record range from a couple paragraphs to several pages, but critics still worry about the impact to investors of wiping a slate clean.
Disciplinary proceedings will determine whether a firm or an adviser exerted undue influence over "vulnerable individuals or individuals with diminished capacity."
Claiming rules have evolved since 2015 Supreme Court decision.
Sure, the delay of the DOL fiduciary rule is big news. But there are other important matters going on in Washington.
Regulators should launch a full-scale investigation into how to avoid putting firms into double jeopardy.
This demographic cohort seeks ever-increasing levels of responsibility and changing experiences.
Millennials are less likely to be married, living with children or own a home than their parents were at their age.
Credit Karma tries to break into the business with a $0 product.
Consolidator could add $6.4 billion in assets at a cost of about $70 million.
Popular radio show host changed his referral program due to 'perceived' regulatory risk among advisers.
Distinguishing yourself from life insurance sales people leads to better working relationships and ensures your clients' best interests are served.
The lawsuit is the first among similar cases to proceed to hearings on summary judgment, and may be telling as to how future judges rule.
