Displaying 10201 results
Trump may tout $4,000 worker benefit in tax pitch
President would argue middle class stands to benefit from corporate tax cuts.
Preston Rutledge, senior aide on Senate Finance Committee, could be filling Phyllis Borzi’s old post at DOL
Preston Rutledge, the senior aide on the Senate Finance Committee, could become the next DOL assistant secretary for the Employee Benefits Security Administration.
401(k) referrals rare from wealth managers despite DOL fiduciary rule
There are still many obstacles, especially for retirement plan advisers within independent broker-dealers.
Finra flags two ex-Ameriprise reps over margin snafus
Jack McBride allegedly wrote checks to a client to cover margin interest charges, while Stuart Pearl allegedly made unsuitable recommendations.
Finra’s Focus on UITs
Overlooking price discounts and pushing early rollovers can land firms in hot water
SIFMA: State-level fiduciary rules would confuse investors
Managing director Lisa Bleier set to testify in Nevada workshop on state's new fiduciary law.
Finra CEO: Regulator will consider more transparency
Robert Cook, sitting down with critic David Burton of the Heritage Foundation, says Finra may become more open with board deliberations and how it spends fine money.
Trump administration scrapping estate-tax rule affecting wealthy business owners
The regulation would have eliminated business-valuation discounts used to reduce estate and gift taxes.
Consumer Federation of America claims brokerage firms may be violating DOL fiduciary rule
The CFA is calling on regulators to investigate whether brokers are moving clients to higher-cost, fee-based accounts, which it says would be a violation of the DOL rule.
SEC approves Finra rule to streamline securities exams
New college graduates and people wanting to change career direction would more easily be able to enter the…
Painful end for advisers who bought RCAP shares
The fate of Nicholas Schorsch's companies holds lessons for brokers who buy stock in their employers' firms.
Judge dismisses lawsuit against Fidelity alleging fault in Delta 401(k)
The Delta Family Care Savings Plan had $8.12 billion in assets as of Dec. 31, 2015.
DOL fiduciary rule ups ante for monitoring of 401(k) record keepers
Several plan providers have expanded their participant-call-center services to include fiduciary advice, and advisers must help clients navigate the change.
SEC chief Jay Clayton tells lawmakers agency is drafting its own fiduciary duty rule
Jay Clayton assures Republican critics of DOL rule that agency's proposal would give investors the option of choosing a broker for investment advice.
Judge overturns SEC sanctions on adviser
Judge says barred broker was supplied false statements by boss, who had 'ultimate authority' over them.
Trump tax plan draws concerns of GOP budget hawks
Sen. Bob Corker, R-Tenn., said the White House is showing 'softness' when discussing how the tax cuts will be paid for, such as by repealing the state and local tax deduction.
Borg puts cybersecurity, unpaid arbitration claims on NASAA agenda
Alabama securities director takes helm of state regulators' association for third time, and at age 64 he might still make time to ride his motorcycle.
Take 5: Tom Giachetti brings humor, insight to regulatory guidance
The regulatory attorney and chairman of the Securities Practice Group gave a typically candid speech about SEC exams at the Raymond James Wealth Managers Conference.
Finra considers remote branch inspections, more BrokerCheck info
The exam proposal would apply to 'low-risk' branch offices, while the public database proposal would more closely resemble the SEC's Form ADVs.
DOL fiduciary rule: Challenges for RIAs under the BICE
Recommendations to roll over retirement-plan assets, to transfer IRAs and advice generating additional payments like 12b-1 fees are trouble areas for RIA firms.
