Ash Narayan settles case alleging he accepted $2 million from failing company he recommended to clients
The rules, which include having written policies and procedures and a designated chief information security officer, could become a model for other states.
DOL says it promoted tools it found useful, including a link for finding local CFPs, but is open to hearing from other designation sponsors.
Advisers can continue to offset a level fee charged on retirement-plan assets with revenue-sharing payments such as 12b-1 fees.
Says wirehouse overbilled investment advisory clients due to coding and other billing system errors.
Move is among a series of changes the firm is making as it gets ready for deadline on implementing DOL fiduciary rule.
That rule is intended to safeguard clients' cash and securities so they can be promptly returned should the broker-dealer fail.
From filling the SEC to renewing bills addressing accredited investor status and elder financial abuse, legislators shouldn't forget past priorities.
The elephant in the room is the Labor Department's fiduciary rule, but other areas include broad health care and tax reform.
Advisers produced average annualized revenue of $1 million in the period.
Agency provides a litany of questions for consumers as well as FAQs on technical compliance for advisers. <i><b>(More: <a href=""" target=""_blank"" rel="noopener noreferrer">Want to see additional questions? Check out InvestmentNews' list</a>)</i></b>
Ideology about the role of government in the free market and concerns over effective implementation of the auto-IRAs are primary factors.
The phishing scheme involves cybercriminals posing as individuals looking for help with tax preparation.
In latest dispatch from the retirement front, IN editor crunches healthcare numbers.
Some are willing to take on more responsibilities in areas such as investment product selection, IRA rollovers and even financial wellness.
This is at least the second time this fall that Merrill has had a high-profile termination over improper expense reporting.
A report produced annually for Congress includes 20 or more of the most serious problems taxpayers face when dealing with the agency.
Budget restraints will limit paper benefit statements to those 60 and older.
