Displaying 10200 results
Supreme Court to review appointment of SEC’s in-house judges
The decision could affect more than 100 cases currently at the SEC, along with a dozen that are on appeal.
Tax law: Everything advisers need to know about the pass-through provision
Learn about the basics of the pass-through provision as introduced by the Tax Cuts and Jobs Act last 2017, the entities eligible and the tax implications
Busting DOL fiduciary rule myths of industry opponents
Claims that the regulation will harm the 'average Joe' investor by increasing costs, reducing access to advice and derailing retirement plans are bogus.
Bill requiring fiduciary disclosure reintroduced in New Jersey
Measures would obligate financial advisers to tell clients they do not have to act in their best interests.
CapitalRock expands its fiduciary analyzer
Advisers want support for retirement plan rollover recommendations.
Court decision on DOL fiduciary rule expected in February
Opponents and advocates of the regulation have been waiting for months for the Fifth Circuit Court of Appeals in New Orleans to issue its opinion.
Finra panel awards investor $1.67 million in churning case
Broker David Lloyd Barber and Madison Avenue Securities to pay all fees, costs.
Finra warns brokers about moving clients from broker to advisory accounts
In 2018 exam priorities, regulator says not to sell clients high-fee products and then move them into advisory accounts.
Morgan Stanley and adviser win lawsuit over annuity distribution
The judge said the adviser erred in recommending a lump-sum distribution, but barred plaintiffs from recovery because they were also negligent.
Tax overhaul gift may turn into lump of coal sooner than later
Any positive effects are unlikely to last, and will contribute to greater budget deficits over the next 10 years.
Commercial sales rules threaten to redefine fiduciary advice
It looks like the SEC will not require financial advisers to avoid or mitigate material conflicts, merely disclose them.
Finra fines Meyers Associates $700,000 over sales literature
Bruce Meyers also fined $75,000 for supervision failures and barred from serving as a principal or supervisor.
Tax law’s pass-through provision could harm 401(k) plans
Law creates a differential in tax rates that may lead business owners to shy away from sponsoring a retirement plan, or water down existing benefits.
Massive investment fraud fueled by slick marketing, hot dinners
When advisers make the claim that an investment product has no risk and is crash proof, it is a clear, almost blazing red flag that the investment is a potential fraud.
State regulators warn investors about cryptocurrency dangers
Securities and Exchange Commission members also reiterate their concerns about virtual money.
States already seeking workarounds to Republican tax changes
New York Gov. Cuomo promises to sue federal government, make changes in state tax code.
Finra has made genuine efforts to improve
As the regulator becomes more transparent, it may also become more fair on arbitration and enforcement.
House GOP seeks to preserve spending rider to kill DOL fiduciary rule
Fiduciary advocates hope Democrats will continue to hold the line against the provision
New tax law favors charitable giving from IRAs
Jamie Hopkins, associate professor of taxation at the American College of Financial Services, offers guidance.
Allianz agrees to settle 401(k) fee lawsuit for $12 million
Other companies, including TIAA and New York Life, settled self-dealing suits for millions of dollars in 2017.
