Advocates for alternative investments oppose the provision, which is not likely to survive in the Senate
An adviser who recently left Fidelity allegedly used client data from his former job to contact prospects
The rewrite of the vacated Obama fiduciary rule also draws criticism from investor advocates
Many comment letters voiced opposition to the rule, stating that the proposed restrictions within 401(k)s would hurt investors and could lead to more lawsuits
Firms can classify meals as entertainment costs even if the get-together is happening online
Firms registered with the broker-dealer industry regulator saw their revenues and profits rise last year
‘Core’ suits, which don’t involve M&A, totaled 117
The DOL's proposal on using ESG investments in retirement plans could remind advocates of sustainable finance of the work still to be done
Compliance experts advise making potential conflicts clear, avoiding small print
The Fed chairman described the path forward as 'extraordinarily uncertain'
Consumers are reporting more problems with credit reports and money-transfer services
The wirehouse will become the latest major asset managers to enter the fray
Payment linked to adviser who committed suicide in 2017
Effort highlights agency’s teacher initiative, but expert calls it ‘slap on wrist’
Initial reviews show disclosures could be ‘clearer or otherwise improved’
The DOL proposal likely would chill the use of socially responsible investments in retirement accounts; the SEC focuses on disclosure
Mark Hopkins, who was barred by Finra in 2019, said he would put the funds in an investment earning 6% or 7%
The proposal fails to account for evidence that long-term investors, like retirees, are likely to earn better returns
Financial advisers should be 'legally obligated' to put clients’ interests first, according to the draft document
Silicon Valley-based La Meer rolled out three online portals to help advisers comply with new regulations
