The regulator is probing whether firms are giving customers best execution of trades
A federal judge found that Fidelity was not a fiduciary to the plans at the center of a class-action lawsuit
Agency alleged the advisory firm defrauded clients by misrepresenting returns on strategies
But the advice standard would require brokers to act ‘without regard to’ their own financial interests
The bank will pay about $3 billion to settle the government's investigations into a range of consumer abuses
But little resistance to the deal is expected from regulators, policymakers
The claimants, mostly retirement savers, alleged Pershing allowed the rip-off
The SECURE Act's 10-year window will cause many beneficiaries to spend rather than save, panelists said in an InvestmentNews webcast
The loss is another in a string of setbacks for the firm on deferred compensation disputes
At the center of the complaint is a dispute about which side controls three auto dealerships: GPB or Volkswagen
New approach also would allow previously registered brokers to remain in the industry through CE
A spokeswoman for the Bloomberg campaign says the SEC’s Reg BI ‘doesn’t set an adequate fiduciary standard’
Regulator was investigating Ronald Hannes for taking client funds intended to be used for life insurance
NASAA wants to close the regulatory gap between IARs and other financial advice professionals
Texas securities regulator also fines the firm $100,000 for failure to supervise
Kimberly Springsteen-Abbott misused investor money, according to the commission's review of her barring by Finra
Now individual states must adopt the measure through legislation or rule-making
The potential Hall of Famer claims his broker gave him misleading investment advice
The latest update to Reg BI frequently asked questions asserts that the rule applies to high-net-worth customers
What does it take for an insurance agent to lose his license?
