Funds would be required to report holdings quarterly if they have at least $3.5 billion of equities, up from the current threshold of $100 million
While not exactly novel, the legislation is a sound first step toward getting Main Street investors the tools they need
The new normal is reigniting conversations around the potential for alternative investments to add diversity and hedge risk
In the latest episode of the InvestmentNews Podcast, Jeff Benjamin and Bruce Kelly analyze LPL Financial’s latest effort to stay ahead of the recruiting curve
The agreement is separate from a $25 million settlement reached in a similar suit brought in 2016
Rhode Island keeps its requirement on the books
Large investors are giving up liquidity and tighter spreads for lower fees
Benjamin Alderson, the former CEO of deVere USA, also agrees to a permanent bar
People who aren't prepared for retirement at age 62 aren't more likely than others to keep working, but those who do tend to benefit financially, a recent paper found
Small broker-dealers lined up for the free cash — but did all of them use it as intended?
Democratic legislators want the agency to collect data on the impact of promoting unregistered securities
Prospecting is now more difficult, and advisers said they are less effective at selling products, a report from Limra and others shows
The unique new exchange-traded fund wrapper is slowly gaining steam
The new fund is designed to fill a gap in the growing ESG market
In your discussion, validate the forces driving the client's discomfort, confirm that you hear what they're saying and explain why the current strategy remains best suited for them
Should advisory firms take forgivable PPP loans when they didn't suffer any interruption in their revenue?
Consumer and investor advocacy groups have asked Labor to provide more time for public input
Paychex, Astellas and Aon were recently sued, and the $12.4 million settlement in a Northrop Grumman suit has been held up
Both Black Stone Partners and Creative Capital Wealth Management are Pennsylvania-based
Initial reviews will focus on whether firms have put in place policies, procedures and training
