Opponents cite new evidence of harm to small account holders
CEO Robert Cook responds to concerns he's hearing during listening tour, Finra360 initiative.
Help your clients see that overrating Mr. Trump's impact — for good or ill — could result in biased financial decisions.
Senate Banking Committee chairman says regulatory burden 'is becoming as big an issue as the tax code.'
The prudence requirement in being gauged based on the portfolio in aggregate but also on individual investment options.
The Securities Investor Protection Corp. has replenished its coffers from the financial crisis and is now cutting its assessments to B-Ds. Will the savings stop there?
Says fiduciary rule will become the 'way business is done' — even if it is repealed.
Kevin Graetz was also fined $10,000 for not updating U4s over seven years.
As part of its review, Finra is seeking comments by June 29
The largest record keeper is being more aggressive than its peers in pushing fiduciary services for retirement plans and participants, observers say.
While T shares and clean shares are different, they could solve important pricing questions for the fund industry — and even obliterate many share classes.
Employees allege the firm failed to act in their best interests when managing their retirement plans.
Financial advisers can keep clients out of firing line by confirming they're alive.
Beginning in June, Merrill advisers will be able to use "limited purpose brokerage IRAs" for certain products and transactions, and the firm will also make more products available over its advisory platform.
Regulatory board moves to toughen penalties for advisers with certain past infractions and those who welch on payments owed to investors.
In a conversation with Sen. Tim Scott, Mr. Acosta reportedly said he's been in communication with the White House and "recognizes the urgency of the situation."
Firm agrees to settle three sets of SEC violations concerning overcharges.
Some believe it will curtail momentum the president had established on health care bill and tax reform.
Some arguments against the programs appear flimsy when examined closer.
The fee schedule, developed by state regulators and other groups, details account maintenance and cash management charges.
