Regulation And Legislation

Displaying 10525 results
ETFS SEP 06, 2017
Dalia Blass could tackle fiduciary standard as first order of business at SEC

She is also expected to set the agenda for ETFs, an area in which she has expertise from her previous time at the SEC.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION SEP 06, 2017
Battle lines form as SEC considers new fiduciary rule

By Mark Schoeff Jr.
REGULATION AND LEGISLATION SEP 05, 2017
Sen. Elizabeth Warren urges DOL to implement fiduciary rule without delay

She cites financial company leaders who have said they are prepared to comply with rule as is.

By InvestmentNews
REGULATION AND LEGISLATION SEP 02, 2017
Action must be taken to make Finra more accountable

The SEC or Congress should consider forming an independent commission to consider Finra's future.

By crain-api
INDEPENDENT BROKER DEALERS SEP 02, 2017
Finra: Who's watching the watchdog?

The regulator wields enormous power over the securities industry 
with little meaningful oversight.

By Mark Schoeff Jr. and Bruce Kelly
PRACTICE MANAGEMENT SEP 01, 2017
Finra fines ex-Morgan Stanley rep for secretly settling with client

The Miami-based broker is also suspended for 15 days

By Bloomberg
PRACTICE MANAGEMENT SEP 01, 2017
Fund industry swats down fee suits, but they keep appealing

Many of the cases concentrate on subadvisor fees.

By John Waggoner
RIA NEWS SEP 01, 2017
The challenge of the longer lifespan

How financial advisers can help clients face the threat of outliving retirement savings

By Blaine F. Aikin
REGULATION AND LEGISLATION SEP 01, 2017
Former MetLife rep fined $15,000 for borrowing from clients

Finra also suspends the broker, a firm lifer, for 18 months

By InvestmentNews
RIA NEWS SEP 01, 2017
Finra panel awards Edward Jones $340,000 in estate dispute

Arbitration puts blame on client's power of attorney, not firm

By InvestmentNews
MUTUAL FUNDS AUG 31, 2017
SEC names Dalia Blass director of investment management

Ms. Blass returns to the agency, where she previously worked for more than a decade, to run a division with influence over fiduciary duty.

By Mark Schoeff Jr.
RETIREMENT PLANNING AUG 31, 2017
Trump administration targets class-action right in DOL fiduciary rule, but other legal avenues could remain for investors

If the best-interest contract remains in some form, action could switch to state courts; Finra still allows class actions.

By Mark Schoeff Jr.
RETIREMENT PLANNING AUG 31, 2017
Rollins Inc. 401(k) participant sues Morningstar, Prudential over alleged RICO violations

Plaintiff says automated investment advice program is a 'predatory racketeering enterprise'

By Pensions & Investments
REGULATION AND LEGISLATION AUG 30, 2017
DOL fiduciary rule: Agency says it will come up with new ways to comply during delay period

Labor Department says it also needs more time to look at any 'undue burden' the rule may cause.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT AUG 30, 2017
Wealth management executive urges Trump to pardon Michael Milken

Mr. Milken pleaded guilty to securities fraud in 1990 and spent 22 months in prison.

By Bloomberg
REGULATION AND LEGISLATION AUG 30, 2017
Finra panel says barred broker must pay $540,000 in damages

Anthony Mastroianni Jr. allegedly engaged in "in and out" trading of speculative stocks.

By InvestmentNews
PRACTICE MANAGEMENT AUG 30, 2017
State-registered advisers face fee model inconsistencies

Methods for charging client fees OK in some states, not others.

By Liz Skinner
RIA NEWS AUG 29, 2017
Connecticut RIA gets five years for scam

Aaron Johnson took $620,000 in excessive fees from clients.

By InvestmentNews
RETIREMENT PLANNING AUG 29, 2017
DOL fiduciary rule: The 5 biggest things to watch for if BICE's class-action provision is killed

The Trump administration is signaling its intent to remove the fiduciary rule's provision regarding class-action litigation. Here's what broker-dealers and RIAs need to know.

By Greg Iacurci
REGULATION AND LEGISLATION AUG 29, 2017
OMB approves proposal for 18-month delay of DOL fiduciary rule's second phase

One observer says agency is trying to give certainty to markets; another asserts it is executing pre-determined course to water down regulation.

By Mark Schoeff Jr.