Pension funds led by the Iowa Public Employees' Retirement System brought an antitrust action related to the banks' control of the market for stock loans used for hedging and short selling.
The provision was buried on page 302 of a rule focused on private-fund advisors. The SEC also reopened the comment period on its advisor custody proposal.
Quarterly reporting and an annual audit 'could eat into returns and be borne by investors.'
There has been a trend away from mutual funds toward ETFs, but not in the 401(k) world, and fund provider F/m Investments sees that an opportunity.
LPL, Osaic and Cetera Financial Group are all 'fighting amongst themselves' to lure advisors, one recruiter notes.
The two advisors and support staff join the firm in Minnesota.
Regulators have taken numerous actions against metals dealers that target older customers through TV ads.
Michigan RIA owner says case is a 'true David and Goliath situation' and that company name has caused significant confusion in the market.
A broker in the firm's Garden City, New York, office put way too much WisdomTree stock in his aunt's portfolio.
One analyst pegs the purchase price for Goldman's RIA in the range of $270 million to $360 million.
Over time, the increased demands of running a wealth management shop eat into the time advisors once had to work to their strengths and to devote to clients.
How can fund managers and wealth managers expand investor acquisition through digital marketing when they no longer have access to data from cookies?
Burdette Park will launch eponymous firm in Louisville, Kentucky.
Matthew Holbrook is joining Linsco and will launch Coastline Wealth Advisory in Irvine, California.
The firm, founded in 2009 during the financial crisis, is ready for its next phase.
Clients want to talk about retirement planning, so let's start with one of the basics.
A case against an advisor and insurance agent over his failure to disclose commissions could have wider consequences.
Compliance experts have their say after SEC's first enforcement action based on new marketing rule highlights dangers of hypothetical-performance ads.
Bill St. Louis, a long-time Finra executive, succeeds Christopher Kelly, who had served as acting head of enforcement since February.
Personalized paycheck service for retirees will complement the Capital Group's American Funds target-date retirement series.
