SEC cracks down on claiming Wyoming location but practicing elsewhere.
In first of five lawsuits against the measure, federal judge Randolph Moss not likely to grant preliminary injunction sought by the National Association of Fixed Annuities.
Every day that goes by without the proper safeguards in place to protect elderly investors presents a window for unscrupulous scam artists.
OppenheimerFunds, Franklin Templeton maintain big exposure to the troubled island's debt.
Alabama, Indiana and Vermont will likely be joined by many states requiring adviser action against exploitation, while giving them immunity.
Labor secretary says the extensive rulemaking process and the regulation's merits of consumer protection will protect the measure.
Rick Fleming will push the agency to follow through on its review of how brokers and investment advisers disclose their fees to clients.
Anthony Diaz, under federal indictment for fraudulent sales of alternatives, embodies the criticisms of the likes of Sen. Elizabeth Warren.
Bank of America's brokerage unit admits wrongdoing in unprecedented <a href="http://www.investmentnews.com/article/20160623/FREE/160629959/merrill-lynch-to-pay-415m-to-settle-sec-charges-it-misused-customer">$415M consumer protection settlement </a> with SEC; slapped with two other fines the same day.
While the new fiduciary rule could be interpreted as an unnecessary compliance burden, it may also present an opportunity with regard to 401(k) accounts.
Edmund F. Murphy III, president of Empower Retirement, says reforms need to be led by the private sector.
Following record MetLife fine, regulator says VAs are now at the core of their focus: complex products marketed to seniors.
The original industry regulations from 1934 and 1940 were perfect — just not perfectly enforced.
Push by advisers could help tug this needed legislation out of the doldrums and on to the president's desk.
Clients accused Lee Weiss of recommending an unsuitable investment in a Polish tobacco company.
Richard William Lunn Martin improperly recommended non-traditional ETFs while warning of economic collapse, Finra said
The wealth manager overbilled for investments in REITs and BDCs
Here are some of the most critical and potentially damaging misconceptions held by compliance professionals.
Chairwoman Mary Jo White and commissioner Kara Stein laid out regulations the agency will tackle, despite missing two of its five members.
A move by the Securities and Exchange Commission to beef up oversight of investment advisers probably will not stop the agency's effort to establish third-party exams for the sector.
