Agency reaches settlements with issuers, doesn't access fines.
Within days, the governor of America's largest state is expected to provide access to nearly 7 million people without a retirement plan through the workplace.
The lawsuit continues a barrage of litigation filed in recent weeks related to fiduciary breaches in retirement plans.
Finra does not require its members to carry insurance, which lets big risks to investors materialize.
Shrinking the pool of muni sellers does not help investors
<i>Breakfast with Benjamin</i> In the wake of the March launch of the SPDR SSGA Gender Diversity Index ETF (SHE), out rolls the Bloomberg Financial Services Gender Equity Index.
Brokerage representatives will be able to breathe a little easier when they're buying gift baskets for fellow professionals during the next holiday season.
One-year anniversary shows lots of effort to calm nerves, rebuild investor trust.
Broker-dealers may take cue from Wall Street maneuvers as regulatory pressure builds.
Trend toward low-cost passive mutual funds will reduce margins.
The firm allegedly failed to provide about 2,700 customers waivers tied to upfront sale charges
While the system provides access to up-to-date and accurate information on an adviser's record, it also publishes mere accusations, convenient settlements and decades-old misdemeanors.
The agency is scrutinizing ETFs because of instances of sharp volatility, and has launched an initiative to evaluate how mutual funds can better inform investors about costs.
He will begin Aug. 15, at about the same time Robert Cook, a former division director at the SEC, takes over as chief executive.
Nearly three years after he was thrown out of the securities industry, the adviser has filed another appeal.
ERISA attorneys say the judge's decision was a complete rebuke of classic arguments in excessive-fee suits, and could provide fodder for the defense in future trials.
One attorney called the lawsuit an "attack" on the investment-management structure within variable annuities.
The plaintiffs argued that the company provided a money market fund instead of a stable value fund and paid excessive record-keeping fees to Vanguard Group, among other wrongdoings.
The wirehouse now joins a growing list of other financial-services companies sued for similar reasons.
