Displaying 10201 results
Fund industry swats down fee suits, but they keep appealing
Many of the cases concentrate on subadvisor fees.
The challenge of the longer lifespan
How financial advisers can help clients face the threat of outliving retirement savings
Former MetLife rep fined $15,000 for borrowing from clients
Finra also suspends the broker, a firm lifer, for 18 months
Finra panel awards Edward Jones $340,000 in estate dispute
Arbitration puts blame on client's power of attorney, not firm
SEC names Dalia Blass director of investment management
Ms. Blass returns to the agency, where she previously worked for more than a decade, to run a division with influence over fiduciary duty.
Trump administration targets class-action right in DOL fiduciary rule, but other legal avenues could remain for investors
If the best-interest contract remains in some form, action could switch to state courts; Finra still allows class actions.
Rollins Inc. 401(k) participant sues Morningstar, Prudential over alleged RICO violations
Plaintiff says automated investment advice program is a 'predatory racketeering enterprise'
DOL fiduciary rule: Agency says it will come up with new ways to comply during delay period
Labor Department says it also needs more time to look at any 'undue burden' the rule may cause.
Wealth management executive urges Trump to pardon Michael Milken
Mr. Milken pleaded guilty to securities fraud in 1990 and spent 22 months in prison.
Finra panel says barred broker must pay $540,000 in damages
Anthony Mastroianni Jr. allegedly engaged in "in and out" trading of speculative stocks.
State-registered advisers face fee model inconsistencies
Methods for charging client fees OK in some states, not others.
Connecticut RIA gets five years for scam
Aaron Johnson took $620,000 in excessive fees from clients.
DOL fiduciary rule: The 5 biggest things to watch for if BICE’s class-action provision is killed
The Trump administration is signaling its intent to remove the fiduciary rule's provision regarding class-action litigation. Here's what broker-dealers and RIAs need to know.
OMB approves proposal for 18-month delay of DOL fiduciary rule’s second phase
One observer says agency is trying to give certainty to markets; another asserts it is executing pre-determined course to water down regulation.
Opponents of DOL fiduciary rule raise same concerns about CFP Board proposal
Financial Services Institute says extra supervision would result in a 'CFP tax,' while mother of Labor Department regulation cheers revisions to standards of conduct.
Harvey tests whether advisers need more emergency planning
SEC suggests a final decision on its proposed continuity rule with heightened requirements will come in April.
CFP Board issues interim suspension of Texas planner accused of diverting nearly $2M of client money
Action could lead to permanent suspension and revocation of his CFP certification.
SEC gets court to freeze assets of former LPL broker
Sonya Camarco stole money from clients for 13 years, regulator claims.
DOL fiduciary rule: Trump administration signals intent to kill class-action provision in BICE
The class-action provision is one of the most reviled portions of the Labor Department's fiduciary rule.
Washington dysfunction looms over markets as September approaches
Squabbles over the budget, debt ceiling could roil your clients' investment portfolios.
