The opinion vacated the Los Angeles District Court's ruling that the case could not proceed because of a statute of limitations on three of six funds in question.
The regulation is similar to one issued in August around state retirement programs.
The funds seek to capitalize on the growing popularity of environmental, social and corporate governance investing, and help diversify in an increasingly competitive TDF market.
Experiencing poor performance of late, the investment serves as a useful hedge against stock, bond downturns.
The emergence of several "exotic" indices within indexed annuity contracts have arguably made these products more complex than they need to be.
Many of the tools will be inspired by today's customer, who wants the same efficiency and ease they find with Amazon.
The rule could ultimately be killed or replaced, but only one course of action by firms provides certainty.
Regulator brought broad, sweeping cases and also ramped up its crackdown on smaller infractions during Mr. Bennett's six-year tenure. <b><i>(Related read: <a href="//www.investmentnews.com/article/20161006/FREE/161009948/advisers-want-finra-to-focus-on-the-bad-guys-and-leave-the-rest-alone"" target=""_blank"" rel="noopener noreferrer">Advisers want Finra to focus on the 'bad guys' and leave the rest alone</a>)</b></i>
Phil Fiore Jr. was part of an $8 billion team and was selected by Barron's as a top adviser in Connecticut in 2015. <i><b>(More: <a href="//www.investmentnews.com/article/20161221/FREE/161229983/former-registered-representative-in-texas-arrested-for-internet"" target=""_blank"" rel="noopener noreferrer"> Former registered representative in Texas arrested for internet Ponzi scheme</a>)</i></b>
Credit cards, home equity lines of credit, adjustable-rate mortgages and personal loans could inch higher after a rise in the federal funds rate.
Find out how your credit card balances and total household debt compare to the latest national numbers.
By reevaluating supplemental and prescription drug coverages, Medicare enrollees can make up for premium increases.
Chicago-based CLA will add $200 million in AUM to firm's $6.3 billion
The CFP Board's research is the result of a gathering of more than two dozen fintech and other industry experts, who pondered how the advice business will change by 2021.
Appeals court denies annuity group's request for emergency injunction to delay implementation. (More: <a href=""" target="”blank"" rel="noopener noreferrer">Federal court rejects NAFA attempt to kill DOL fiduciary rule </a> )
Plaintiffs allege wrongful termination after urging their employer, Prudential, to take action over seemingly fraudulent sales of life insurance policies by Wells Fargo's retail bank.
