The Labor Department's proposal to impose a fiduciary standard on retirement advisers has stalled as the brokerage industry makes one more, eleventh-hour bid to change it.
SEC officials Luis Aguilar and Kara Stein (pictured) say the regulator turned a 'blind eye' to Oppenheimer's pattern of misconduct in giving the firm a penalty waiver for penny stock improprieties.
What if you could do something similar to a charitable IRA rollover now, with more clients qualifying, fewer downsides and numerous advantages?
Investor says firm took lucrative payouts at the expense of shareholders.
Advocates for standard take latest postponement in stride.
Hamburger founded MarketCounsel to provide a one-stop, multidisciplinary shop offering business and regulatory compliance consulting to RIA startups
President would tax wealthy to pay for 'middle-class' gains, SEC gets budget boost.
Arguments continue on both sides about the merits of the <a href="//www.investmentnews.com/article/20150123/FREE/150129956/brokers-under-white-house-scrutiny-for-costing-workers-billions-in"" target=""_blank"" rel="noopener noreferrer">recently-leaked White House memo</a> and what it means for the standard's future prospects.
A former investment adviser who was barred from the industry and has since been working as a “money coach” is back in front of a judge on charges that he never stopped advising clients. <i>(See also: <a href="http://www.investmentnews.com/gallery/20141231/FREE/123109999/PH?NLID=daily&NL_issueDate=20150102" target="_blank">The craziest regulatory blunders of 2014</a>)</i>
Owner of defunct broker-dealer faces an SEC suit for allegedly selling shares of a tech company more than once &mdash; to the tune of $900K.
FSI sets sights on shaping any legislation dealing with data breaches and privacy to avoid 'one-size-fits-all.'
Families may get to pay for computers again with these popular college savings accounts.
Self-styled 'Deficit Owl' believes government can spend as much as needed to spur economic growth, get to full employment.
New government research says some broker practices are costing investors $8 billion to $17 billion a year, and the White House may now support tighter oversight of brokers who handle retirement accounts.
What do a spouse's efforts mean for the valuation of a business and its division in two?
Mary Jo White is poised to reveal what she believes is the best way for the SEC to address fiduciary duty, with the SEC planning to make a determination this year as to whether to propose a rule or take another approach.
The custodian is planning to sponsor a grassroots effort among registered investment advisers to compete with brokerages when lobbying for their profession.
The fiduciary motivation to avoid losses tends to be greater for advisers than the risk of not growing client wealth
Group set to launch lobbying days in Florida, Texas, New York and California.
Investment Adviser Association names its general counsel, Karen Barr, as its president and CEO.
