The GOP barely controls the House, but it's enough to allow the party to pressure the SEC chief to curb his agenda.
Fintechs may find themselves mimicking some of the same strategies advisors use to demonstrate the value they bring to clients during difficult markets.
There are plenty of private equity managers left who could still invest in large branch offices of independent broker-dealers.
The proposal would bar employers from entering into or enforcing such clauses and require companies to nullify any existing ones within six months.
Finra arbitrators split, 2-1, in awarding Ryan Sanghak Lee $500,000 for wrongful termination. They also changed the reason for his departure on his Form U5 and expunged a claim that was filed following his dismissal.
Spiking inflation coupled with a sinking stock market have forced more investors to tap their retirement savings for cash.
The push to interest retirement savers in crypto was part of an effort by FTX Group to expand its base of everyday retail customers.
Target-date funds that are sustainable or responsible are fair game now for retirement plans, but there aren't many of them.
The SEC also has custody and ETF regulations to tackle, while the Department of Labor continues work on the next iteration of an investment advice rule for retirement accounts.
The share price of LPL Financial Holdings Inc. increased 27% over the past year, even as the S&P 500 index fell 19.4%.
Lee plans to focus on advancing the FPA's mission of title protection for financial planners.
The retirement savings legislation signed into effect by President Biden last week as part of a government funding bill includes 92 provisions designed to boost the number of Americans saving for retirement, as well as the size of their nest eggs.
The measure codifies Finra's practice for vetting arbitrators for conflicts of interest, and it requires a written explanation when a challenge to an arbitrator's seating is granted or denied.
Instead of a single seat on the company's board, activist investor Impactive Capital is now seeking more significant change.
The nine-member group, which will do business as Fountain Financial Group, had been affiliated with First Horizon Advisors.
Public-employee plans are underfunded, chasing higher returns and underperforming international peers overseen by professionals.
Here are three areas that wealth management firms should be monitoring to avoid taking the kind of reputational hit the airline just suffered.
The ever-growing number of items that compliance officers and teams must monitor has made tracking regulatory compliance disclosures more complicated than ever.
The purchase of Virginia-based Ascent Group keeps Alera on track to meet its goal of reaching $10 billion in AUM this year.
State legislation requires state entities to divest from firms on the list, with certain exceptions.
