The Santa Clarita, Calif.-based RIA and its two principals got kickbacks from fund managers
His proposed budget for 2021 lays out cuts to federal retirement benefits that would total $92 billion by 2030
The change follows discussions with stakeholders and a shareholder proposal last year on the practice from Clean Yield Asset Management
Regulator group says 426 reports have been filed in the 25 states that have adopted the law
Concerns raised in comment letters include the expanse of the new rule and compliance costs
His Northbrook, Ill.-based RIA misappropriated client assets while layering on fees
Proposal aims to raise bar for brokers to clear their records, but a lawyer for investors says it only will fill Finra's coffers
The state's new data-privacy law created a disclosure headache
Capitol Hill Democrats are set to resist the spending proposal; the SEC requests a budget bump
National standards would be preferable to a patchwork of state-by-state rules when it comes to dealing with rapidly evolving cyberthreats
Courts would have to sort out how federal government, states can shape advice reform
The top issues that groups targeted for Capitol Hill influence were the SECURE Act and a financial transactions tax
The insurer faces one less lawsuit over its termination of trail compensation
Rule would restrict movement of brokers or firms’ assets if arbitration claims are pending
An appeals court found that Principal was a fiduciary to a plan that used its Principal Fixed Income Option, contrasting with a recent decision in a suit against Great-West
Douglas Hodge paid $850,000 in bribes to get four of his children into USC and Georgetown as phony soccer and tennis team recruits
The SECURE Act makes it more likely that employer-sponsored plans will add insurance products, and advisers will have ample opportunities to help clients
Despite the legislation's encouragement of pooled employer retirement plans, working with the small businesses likely to be most interested could be challenging
Elias Herbert Hafen ran his scam at Wells Fargo and Morgan Stanley
Retiring executives are having a hard time collecting deferred stock compensation, even if they weren't involved in the bank's scandals
