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University of Pennsylvania wins retirement plan suit
Ivy League school is first elite university to win complete dismissal of such a lawsuit.
Broker fired by Sun Trust for expense violations agrees to Finra bar
Gregory S. Brent declined to provide testimony for Finra inquiry into his termination.
Odd letter highlights fiduciary concerns in Puerto Rico
Oriental Financial Services sold the island commonwealth's triple-tax-free bonds, then dismissed a client when it was sued over the risky securities.
Massachusetts blasts SII over nontraded REIT sales
Securities regulator says SII Investments failed to supervise agents over suitability.
Massachusetts blasts SII over non-traded REIT sales
Securities regulator says firm failed to supervise agents over suitability.
Tax reform could be expensive for middle class
Those who save for retirement or itemize tax deductions could end up paying thousands of dollars more.
SEC bars former rep for alleged share price manipulation
George Thoreson tried to keep penny stock's price high to enable Nasdaq listing.
Nevada fiduciary law raises concerns among retirement professionals, brokerage industry
Critics complain that it conflicts with ERISA and SEC rules and has potential to spur other states to pass their own version of a fiduciary rule.
Broker-dealers and RIAs at loggerheads over fiduciary rule delay
Companies and groups weighing in with comment letters have vastly different viewpoints on the delay's potential impact.
CFP Board suspends Tye Williams after Finra bar
The Certified Financial Planner Board of Standards has imposed an automatic interim suspension of Tye C. Williams’ CFP…
Opponents of shifting to Roth plans speak up in Senate
Ohio Sen. Sherrod Brown says 'Rothification' would make saving for retirement more expensive.
SEC fines SunTrust for recommending higher-cost fund shares
Using institutional shares would have saved investors $1.1 million, agency says.
SEC warns RIAs about exaggerating investment performance and other misleading advertising practices
The regulator's Office of Compliance Inspections and Examinations issued a risk alert Thursday about potential violations of advertising rules.
Finra panel awards $212,000 to ex-client of RBC
Finra arbitration panel awards estate of former RBC client $212,000 for alleged elder abuse and unsuitable trades.
Finra could consider allowing holds on transactions if elder fraud suspected
The organization may eventually broaden a rule that already covers disbursements from brokerage accounts.
Muni bonds’ tax break looks safe for now
The president and Treasury secretary have expressed support for keeping tax breaks in place on municipal bonds.
Provision of House spending bill would kill DOL fiduciary rule
GOP's regulation-killing rider has failed in previous years, but investor advocates remain wary.
Finra bars former Morgan Stanley broker for dealings with client who later became his wife
Michael J. O'Connor refused to testify in a Finra disciplinary hearing about his termination.
Meet the SEC nominees: One opposes the DOL fiduciary rule, one is a blank slate
Republican Hester Peirce and Democrat Robert Jackson seek to fill two vacancies on the commission.
Voya sued by participant in $2.8 million plan for excessive 401(k) fees
The plaintiff claims Voya potentially earns more than $1 billion per year in "excessive compensation" from its nearly 50,000 record-keeping clients.
