Despite death of the DOL fiduciary rule, wirehouse continues to invest in ways to meet best-interest standard.
Industry plaintiffs who succeeded in vacating the regulation filed a motion seeking no further action.
Legislation would establish a task force to examine challenges facing senior investors and recommend regulatory, statutory changes.
Regulator also levies $200,000 fine, cites Cetera's failure to review rep's disclosures
Tactical asset allocation funds will be available only in MassMutual-managed plans.
The online marketplace hopes to connect advice firms with compliance experts.
Focus turns to helping contingent workers build balances, bolster security
Kavanaugh voted against "Merrill Rule" in 2007 D.C. Circuit Court of Appeals case.
Reducing health care costs frees up more money to be invested.
With market volatility picking up in 2018, explain to clients that markets aren't serially correlated and shouldn't inspire fear or actions that jeopardize long-term goals
Legislation would require SEC to look beyond AUM in determining size, such as to a firm's number of employees, when scaling mandates.
Massachusetts ordered Roger Zullo to disgorge $1.9 million in commissions.
How will the four wirehouses react to this news?
Plaintiffs alleged that offering 'artificially inflated' company stock in the defined-contribution plan violated ERISA.
More openness about its finances is welcome and may be a precursor to greater disclosure about other areas of its operations.
Efforts to protect seniors from fraud, exploitation may invite legal battle.
The Senior Safe Act and new Finra rules are the latest initiatives to encourage advisers to intervene in cases of elder financial fraud. But the measures don't guarantee advisers won't be sued.
Compliance experts want agency to revisit regulation whose FAQs now run to 17 pages
Neither Texas E&P Partners nor principal Mark Plummer showed up for hearing to answer investor's charges of gross negligence and recommending unsuitable investments.
Clients are doomed to pay more taxes. They need our help.
