Consensus may never be reached, with Gallagher and Piwowar already against it.
SWS Financial Services charged with green-lighting variable annuity applications without proper review for suitability.
As a first step, communication and coordination between advisers, regulators needs to be improved.
Other issues state regulators are tackling include expungement, broker fee disclosures and REIT concentration in portfolios.
Calling a broker an adviser is dangerous, and it's time to embrace the black-and-white distinction.
Regulator reportedly questions whether fund company artificially boosted returns in its big fixed-income ETF by relying on lofty valuations; smaller firms could be at risk.
Less transparency for new products seems in conflict with the SEC's interest in increased disclosure of mutual fund holdings.
<i>Breakfast with Benjamin:</i> The Fed now says consumers are saving too much. Plus: SEC reforms add risk to money market funds; considering a worst-case-scenario for economic growth; what Eric Cantor brings to Wall Street; and another case for long-short equity investing.
This edition of <i>Breakfast with Benjamin</i> covers Bill Gross getting beaten at his own game, the SEC's focus on liquid alt funds, Obama's attack on corporate inversions, and more.
Move comes as advice issues getting congressional attention.
The independent broker-dealer is set to open a public affairs office in the nation's capital in response to increased federal regulation.
Investors sued individuals after the firm, Allied Beacon Partners, ran out of capital and failed to pay earlier arb award.
Former general counsel sees room for organization to grow more
Program guarantees members coverage at a group rate FSI has secured as the plan sponsor.
<i>Breakfast with Benjamin:</i> Remember housing stocks? You should. Plus: How Pimco stepped in it, academics take on high-frequency trading, the bad math behind climate-change regs, and men are better retirement savers than women.
Midweek <i>Breakfast with Benjamin:</i> Yellen warned us. Plus: SEC probes Pimco ETF over asset pricing, America's 401(k)s are failing investors, and how Obama's attack on corporate inversions flunks basic math.
NASAA forms committee to tackle elder financial abuse and growing complexity of financial products.
One of those arrested, Abraxas 'A.J.” Discala, was married to Jamie-Lynn Sigler
Cybersecurity is the hottest topic in compliance, according to a survey of compliance professionals. Other areas of interest include social media, valuation and allocation of fees and expenses
