Plus: The case for active management, hedge fund ETFs, and debunking some money myths
The insurer, which is moving to a "self-directed call center" approach for certain investment products, is among the few companies which has publicized plans for compliance with the DOL rule.
Brokerage firms tend to win disputes over promissory notes.
Coordinated exams in 20 states reveal need to improve policies, procedures to protect seniors.
Staff recommendations on a potential rule to raise retail investment advice standards are being considered by commissioners, but a proposal is not imminent.
Plus: Deutsche Bank selloff linked to Obama administration leaks, knowing your active commodity ETF, and the real cost of “free”
If the firms decided to take shortcuts — and in the recent F-Squared case it seems like they did — they should be held accountable.
The industry fails investors by clutching to a long-gone past, rather than moving forward by offering proven, updated investment approaches offered to large institutions.
Measure also contains requirement for SEC to conduct 'rigorous' cost-benefit analysis before proposing its own fiduciary-advice rule.
Because of the DOL fiduciary rule, Cerulli expects more money will remain in employer-sponsored retirement plans.
They caution that making advisers liable for fraud if they lack such a plan is the wrong way to achieve investor protection goals.
Some of the firms' clients weren't aware of costs paid beyond the wrap-fee programs
Company founded by one-time real estate mogul Nicholas Schorsch announces $3 million settlement with Massachusetts Securities Division and said it will lay off nearly 150 employees.
Lawyer representing the two Florida planners was grilled at a hearing on Wednesday over his argument of selective enforcement.
New six-member panel will take input from members regarding concerns about groups that formulate policies affecting planners.
As fiduciaries, advisers have twin duties of loyalty and care to their clients.
To move from DOL compliance to transformation, you will need to focus on several key issues to drive the speed and effectiveness of these changes within your business.
There are some ethical considerations that deserve some thought before launching a non-financial planning business.
The funds take advantage of the SEC's reporting rules on derivatives to make their high fees look smaller than they actually are.
Customer complaint disclosures that are erroneous or without merit are all too common.
