Displaying 10200 results
Despite uncertainty, Department of Labor fiduciary rule upends 401(k) biz
Market shifts will largely remain intact in the event the regulation is amended or scrapped, and non-specialists are adjusting.
Plan sponsors want help with DOL fiduciary duties
Firms look to retirement advisers to be experts on the law, and even sometimes on their investments
House Democrats denounce DOL rule delay as comment period closes
A truncated comment period for a proposed delay to the Labor Department's fiduciary rule came to a close on Friday with a letter from 40 House Democrats denouncing the stall.
Finra is asking broker-dealers, ‘What’s in your clients’ 529 savings plans?’
Here are some ways your firm can prepare for that discussion.
Retirement industry to undergo major changes with or without DOL fiduciary rule
Firms are moving forward with changes because it makes sense for advisers and their clients.
Finra’s lobbying expenses down, but regulator still spends heavily to make sure its voice is heard on Capitol Hill
Organization recently hired Capitol Hill veteran to head up its government relations efforts.
The case for more prominently disclosing compensation and conflicts of interest
Wouldn't it be easier if financial advisers had to wear the logos of all the companies whose products and services they distribute?
Merrill Lynch outlines plans for its 401(k) fiduciary platform
Wirehouse is broadening the pool of advisers who can work with retirement plans as an investment fiduciary.
Broker-dealer Aegis Capital facing investigation from Finra, SEC and FINCEN
An SEC filing did not say why the firm is being investigated and a lawyer for the firm declined to comment.
Fired Waddell & Reed broker barred by Finra
Paul D. Stanley was dismissed for violating the firm's professional conduct, supervisory and compensation policies.
Will the DOL fiduciary rule kill 401(k) plan referrals?
The regulation may not cause a flood of new referrals as non-specialists exit the 401(k) market. It might actually have the opposite effect.
Keep calm and carry on with both commissions and fees
Advisers must act in the best interest of clients and present them with all available retirement income offerings
Financial Planning Coalition: DOL fiduciary rule delay harms investors, violates regulatory requirements
Delaying the Department of Labor’s fiduciary rule would harm investors and violate regulatory requirements, groups representing investment advisers…
The Department of Labor’s fiduciary rule: Where are we now?
The Trump administration has issued a proposed regulation to delay the applicability date of…
J.P. Morgan moves ahead on dropping retirement commissions
Clients will be moved to self-directed accounts; bank may kill shift if DOL rule is dropped.
DOL fiduciary rule opponents file injunction in Dallas court
They face the challenge of asking for the order from the same judge who ruled against every claim in their lawsuit.
Client wins $357K clawback in arbitration from Wells Fargo over unsuitable investments
The award cited unsuitable investments made in energy and housing products.
Research finds double standard for misbehaving female advisers
Male advisers are three times more likely to go rogue, but women pay a higher price for their transgressions. (More: 7 changes firms need to make to attract more female advisers)
DOL must put the fiduciary delay to good use, integrate past work
We think advisers deserve better than the perpetual runaround.
Merrill Lynch may be positioning itself for more commission flexibility in the future
The wirehouse said its advisory platform will be the go-to regardless of what happens with DOL fiduciary rule, but a modification or repeal of the regulation could lead to more flexibility.
