Former commissioner Dan Gallagher joins after the robo's checking account problems ran into regulatory issues last year.
Investor zeal for funds guided by environmental, social and governance criteria has not translated into new retirement plan options.
The SEC's regulation could give some firms a way to set themselves apart from the rest
The SEC's regulation could give some firms a way to set themselves apart from the rest
According to a Morgan Stanley report, the only statistically significant underperformance of sustainable strategies occurred nearly a decade ago.
Firm says clients were not deceived by alleged conflicts over revenue-sharing
Studies say Reg BI exacerbates the blurred lines between sales and professional advice.
The SEC offers no evidence investors will benefit from Reg BI beyond vague, unsupported assertions
Public hatred of the wealthy is one of the last bastions of acceptable prejudice
The Wild, Wild West of retirement savings desperately needs reform.
Firm says clients were not deceived by alleged conflicts over revenue-sharing
Board also votes for proposal about brokers acting as client beneficiaries.
The SEC offers no evidence investors will benefit from Reg BI beyond vague, unsupported assertions
Hindsight is 20/20, but it doesn't tell you much about the future
Wild, Wild West of retirement savings desperately needs a reform.
One recent case alleges an employer didn't appropriately take into account index-fund tracking error.
Clients of Founders Financial paid 12b-1 fees when eligible for lower-cost shares
Clients of Founders Financial paid 12b-1 fees when eligible for lower-cost shares
Despite the declining number of participants, industry revenue and profit increase
Principles-based rule provides little detail on how to comply.
