Regulation And Legislation

Displaying 10526 results
REGULATION AND LEGISLATION JUN 08, 2017
DOL fiduciary rule: What's wrong with the financial advice industry?

The concept of the rule has divided our industry in ways no one could have predicted.

By Mark Mersman
REGULATION AND LEGISLATION JUN 07, 2017
Rep barred for not disclosing $100 million in private transactions: Finra

By Bloomberg
RETIREMENT PLANNING JUN 07, 2017
Labor Secretary Acosta: Concerns with DOL fiduciary rule 'not heard' during original rulemaking

A request for information sent yesterday to the Office of Management and Budget is the first step in reviewing the rule, Mr. Acosta said. <b>Plus, <a href=&quot;http://www.investmentnews.com/article/20170607/FREE/170609954/investment-adviser-association-members-take-complaints-about-dol&quot; style=&quot;color:#b10816&quot; target=&quot;_blank&quot;>Investment Adviser Association members take complaints about DOL rule to Capitol Hill</a>.</b>

By Greg Iacurci
REGULATION AND LEGISLATION JUN 07, 2017
Finra fines former Sterne Agee rep for VA violations

By Bloomberg
MUTUAL FUNDS JUN 07, 2017
DOL fiduciary rule: Edward Jones changing stance on mutual fund commissions in IRAs

The brokerage cites &quot;additional flexibility&quot; granted by the DOL in recent guidance as a determining factor.

By Greg Iacurci
REGULATION AND LEGISLATION JUN 07, 2017
Investment Adviser Association members take complaints about DOL fiduciary rule to Capitol Hill

The organization supports the underlying goals of the DOL rule, but thinks it should be &quot;more appropriately tailored&quot; to investment advisers.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JUN 06, 2017
Ameriprise slashes number of funds available to advisers ahead of DOL fiduciary rule

The firm is cutting more than 1,500 funds that no longer meet its due diligence standards.

By Bruce Kelly
PRACTICE MANAGEMENT JUN 05, 2017
SEC charges Alpine Securities with failure to file suspicious activity reports

Agency says Utah broker-dealer failed to document suspicious microcap stock trades

By InvestmentNews
REGULATION AND LEGISLATION JUN 05, 2017
Supreme Court curbs SEC's power to recoup illegal profits

The SEC extracted almost $3 billion in disgorgement payments in 2016.

By Bloomberg
REGULATION AND LEGISLATION JUN 03, 2017
DOL fiduciary rule should be improved, not scrapped

Biggest concern is threat of excessive litigation due to best-interest contract exemption.

By crain-api
REGULATION AND LEGISLATION JUN 02, 2017
SEC reasserts itself on investment-advice standards, but it's not clear whether it will overtake DOL fiduciary rule

New SEC Chairman Jay Clayton makes request for comment on fiduciary duty one of his first actions, as DOL reasseses its measure.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT JUN 01, 2017
Are brokers really ready to be fiduciaries?

The securities industry faces plenty of legal risks and compliance pitfalls following June 9, the official start date for the DOL fiduciary rule. <b>Plus,<a href=&quot;http://www.investmentnews.com/gallery/20170523/FREE/523009998/PH/dol-fiduciary-rule-what-you-need-to-know-about-acostas-decision&quot; style=&quot;color:#b10816&quot; target=&quot;_blank&quot;> what you need to know from the DOL's latest FAQs</a>.</b>

By Bruce Kelly
PRACTICE MANAGEMENT JUN 01, 2017
LPL tweaks pricing of investment products in preparation for DOL fiduciary rule

Changes include level compensation on fixed annuities and unit investment trusts.

By Bruce Kelly
PRACTICE MANAGEMENT JUN 01, 2017
Finra censures and fines Sterne Agee for failing to supervise former CEO

Sterne Agee fired James Holbrook, Jr. in May 2014 for allegedly misusing company assets and spending lavishly on perks.

By InvestmentNews
REGULATION AND LEGISLATION JUN 01, 2017
As fiduciary debate slogs on, both sides will be dragged through the mud

If investors are frustrated now, just wait until the Trump DOL comes out with an overhaul of the rule later this year.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JUN 01, 2017
SEC solicits comment on conduct standards for advisers and brokers

Commission seeks public comment on investment-advice standards; move suggests more coordination with Labor Department on fiduciary rule.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION MAY 31, 2017
Advisers question Chamber report about harm from DOL rule

By Mark Schoeff Jr.
RETIREMENT PLANNING MAY 30, 2017
Wells Fargo, in 'atypical' outcome, wins 401(k) lawsuit

The win could provide fodder in other legal defenses, and supports the contention that comparing fund costs to Vanguard doesn't always provide an accurate barometer.

By Greg Iacurci
RETIREMENT PLANNING MAY 30, 2017
Retirement fees could rise 200% post-DOL, Chamber of Commerce warns

Report predicts 7 million holders of retirement accounts could lose investment advice.

By InvestmentNews
RIA NEWS MAY 30, 2017
SEC fines RIA $230,000 over conflicts

Agency says firm and its CEO failed to disclose fees.

By InvestmentNews