Agency's inquiry follows SEC and Finra investigations into private placement firm, which has raised $1.8 billion from wealthy investors.
Vehicles offer way to get tax breaks for bundling donations while delaying the giving part.
SIFMA, FSI, Investment Adviser Association say hands off; 16 advocacy groups say bring it on.
The Garden State would be the sixth state to create such a retirement program, and experts say it's likely others will join the ranks this year.
During hearing, several bills affecting advisers and brokers receive initial Senate consideration.
Department of Labor is allegedly investigating asset manager's infrastructure fee that is the focus of a 401(k) lawsuit.
Bank ups its estimate of how much it might have to spend to resolve investigations and claims related to its scandals.
Other seven-figure earners include top executives at ICI, SIFMA.
Measure would replace almost all private health insurance.
Fidelity called the viability of a major fund platform into question, according to a report.
Fidelity allegedly pockets tens of millions of dollars a year from the undisclosed kickbacks, at the expense of its retirement clients.
NASAA asserts industry support of proposal proves it needs to be beefed up.
Recent guidance still leaves many advisers scratching their heads
A Finra proposal would upend the existing landscape for removing customer complaints from advisers' records
James Polese has already paid $355,000 in restitution as a result of his criminal case.
CEO Sergio Ermotti says bank will prioritize protection of its dividends.
Investment advisers might assert unfair competition if 'best interest' and 'fiduciary' terminology merge while standards differ.
Banks including JPMorgan and Bank of America conspired to fix prices on floating-rate municipal bonds, according to suit.
The trade association representing major brokerage firms spent $6.6 million in 2018.
The VAs are at the heart of an ongoing dispute with brokers and broker-dealers over canceled trail commissions.
