Disclosing behavioral biases is voluntary, but no less important than making the required disclosures.
With calls for significant revisions by commissioners and investor advocates, it's hard to predict when the reform package might cross the finish line.
Jay Clayton aims to clear up investor confusion by drawing a distinction between brokers and advisers in the agency's proposed package of revised standards. But where do dual registrants fit?
Fixed annuities are positioned for a record year, with fixed-rate deferred and indexed annuities driving the growth.
Pennsylvania advisory firm invested client funds in expensive share classes when less costly ones were available.
Insurance groups say the measure, which now heads to the full chamber for a vote, doesn't go far enough.
Tamara Steele and her firm didn't disclose the $2.5 million in commissions she earned for selling shares of a company that was later charged with fraud, SEC claims.
Rules adopted by 41 states have held down rate increases on newer policies, but some advisers remain skeptical of traditional LTC insurance.
Jeffery Joseph Kelly was sanctioned for not providing documents to Finra during its investigation.
Rep. Maxine Waters, the top panel Democrat, opposes relaxing oversight.
In letter to SEC chairman Jay Clayton, lawmakers say agency's proposal is weaker than standard Congress laid out in Dodd-Frank.
Luke A. Eddy was suspended for three months and fined $5,000
American Securities Association will represent sector before Congress, regulators
Cloud-based data storage, virtual offices protect client accounts even as the storm threatens to devastate physical property
Michael A. Bressman gained $700,000 from placing winning trades into his own personal accounts, the government charges.
The firm sells illiquid, high-risk and high-commission alternative investments.
Testing by Financial Planning Coalition, Consumer Federation of America and AARP uncovers problems.
SEC says bank customers were directed to affiliated programs.
New bill eases rules around open multiple-employer plans by allowing more employers to band together to offer a common retirement plan.
Disgorgement and penalties in SEC case total $938,194; Finra imposes $800,000 fine.
