Displaying 10204 results
Advisers cast their vote on who should be the next president
2,041 advisers surveyed by InvestmentNews weigh in on the presidential election
SEC fines RIA $2.8 million and bars owner in ‘Madoff of Main Street’ case
Regulator bars owner of Total Wealth Management, Jacob Cooper, known as 'Main Street Madoff' by former clients, and holds him liable in case where losses are expected to total as much as $44 million.
Adviser Twitter fight erupts when Dave Ramsey bashes DOL fiduciary rule
The controversial financial guru said the Labor Department rule would "kill" the middle class' ability to get retirement advice.
DOL fiduciary rule arrives at OMB
A Labor Department rule that would raise investment advice standards for retirement accounts took its last step toward finalization Thursday night.
Consider yourself warned on message archiving
Firms may have to spend more money and more management time upgrading their archiving systems
SEC wraps up case against ‘no-show’ adviser Dawn J. Bennett
Breakfast with Benjamin The SEC is poised to wrap up its case against adviser Dawn J. Bennett, despite Ms. Bennett and her lawyers skipping the trial.
Adviser accused of fraud boycotts SEC’s in-house administrative trial
Dawn Bennett skips the start of her trial on grounds that it's unfair for SEC to use in-house administrative law judges.
Finra income soars due to increased fines, rising regulatory fees
A combination of increased revenue, including a doubling of money raised through fines, and lower expenses helped Finra significantly increase net income last year.
New 401(k) suit targets Vanguard fund fees
Advisers should consider whether collective trust funds and separate accounts offer lower expenses than their mutual fund counterparts.
Regulatory process for advisers could slow in 2016
Both regulators are in the midst of major personnel changes and Congress is headed for an election year.
New bill aims to curtail elder financial abuse
Measure would encourage advisers and financial institutions to report potential fraud, while protecting them from civil or administrative liability.
IBDs trumped by Obama on DOL fiduciary, but vow to fight on
Financial Services Institute supports legislation to replace Labor Department's rule, and is not ruling out a lawsuit if it is finalized.
Form ADV deserves your attention
Mistakes made on this form are low-hanging fruit for the SEC and state regulators.
401(k) suit targeting Vanguard fees could support case for active funds
Will putting iconic fund firm in the crosshairs turn fiduciaries' attention toward overall value and away from fees?
SEC warning could lower mutual fund fees paid to brokers
The agency issued guidance to directors saying they should install a process to evaluate whether administrative fees are being used to encourage distribution.
SEC’s Mary Jo White rips bill to ease restrictions on BDCs
Despite SEC chairwoman's concerns over leverage and impact on individual investors, backers hope legislation will pass because of bipartisan support.
What the latest tax extenders renewal means for your clients
Here's a break down of Congress' latest moves to adjust the tax code.
Show me the money: Financial advisory trade groups pay handsomely
If you want to make money in the financial advisory business, don't be a financial adviser. Heading groups that advocate for them pays much better. Plus, see what the top brass make.
Advisers should pay attention when regulators lay out exam priorities
Broker-dealers and advisory firms would be foolish not to take regulatory priority letters seriously.
Low 401(k) fees aren’t a legal cure-all
Fees that participants pay must be the lowest possible if the sponsors are to avoid potential lawsuits
