Regulation And Legislation

Displaying 10528 results
Dawn J. Bennett barred from industry; ordered to pay $4 million in fines, disgorgement
PRACTICE MANAGEMENT AUG 02, 2016
Dawn J. Bennett barred from industry; ordered to pay $4 million in fines, disgorgement

SEC ruling includes a civil penalty of $600,000 for Ms. Bennett and $2.9 million for Bennett Group.

By Jeff Benjamin
Top adviser questions on DOL fiduciary rule answered
REGULATION AND LEGISLATION AUG 01, 2016
Top adviser questions on DOL fiduciary rule answered

Here are the main points of confusion among Fidelity's many adviser clients, and some insights that might help guide their strategy.

By Tom Corra
Key fiduciary decisions loom for retirement plan advisers using money market funds
RETIREMENT PLANNING AUG 01, 2016
Key fiduciary decisions loom for retirement plan advisers using money market funds

Once-plain-vanilla funds due for a serious makeover, meaning now is the time to carefully assess cash options.

By Blaine F. Aikin
FINTECH AUG 01, 2016
How financial advisory firms can practice emergency preparedness

Advisers should test their emergency plans periodically to make sure they are in compliance with Securities and Exchange Commission rules.

By Sheryl Rowling
DOL fiduciary rule's 'grandfathering' exemption may be lost by changing firms
RETIREMENT PLANNING JUL 29, 2016
DOL fiduciary rule's 'grandfathering' exemption may be lost by changing firms

Regulatory experts say there's a strong likelihood advisers would lose the grandfathering exemption granted under the fiduciary measure simply by switching firms.

By Greg Iacurci
With Indiana Gov. Pence on ticket, advisers need to be careful with donations
PRACTICE MANAGEMENT JUL 29, 2016
With Indiana Gov. Pence on ticket, advisers need to be careful with donations

Under the SEC, pay-to-play rules kick in for RIAs who contribute to a candidate for office who could influence the selection of an adviser for state accounts.

By Mark Schoeff Jr.
LPL's earnings bounce back, but commission revenue continues to erode
REGULATION AND LEGISLATION JUL 28, 2016
LPL's earnings bounce back, but commission revenue continues to erode

First-quarter profit nearly double what the company posted in the previous quarter.

By Bruce Kelly
PRACTICE MANAGEMENT JUL 27, 2016
Adviser relief follows judge's injunction of overtime pay rule

Labor Department's regulation will not take effect Dec. 1.

By Grete Suarez
INDEPENDENT BROKER DEALERS JUL 27, 2016
Securities America to pay $1.5 million for mutual fund overcharges

The independent broker-dealer is paying restitution for failing to waive sales charges for some retirement plans and charitable organizations, according to Finra.

By Greg Iacurci
RIA NEWS JUL 27, 2016
Radio show host Ric Edelman rants about raging fiduciary battle

Lawsuits filed against the Labor Department's regulation expose conflicts in financial advice.

By Christine Idzelis
Congressional sit-in disrupted by failed attempt to override veto of anti-DOL fiduciary rule bill
RETIREMENT PLANNING JUL 27, 2016
Congressional sit-in disrupted by failed attempt to override veto of anti-DOL fiduciary rule bill

Attempt to override the presidential veto of an anti-DOL fiduciary rule bill was used to interrupt a protest demanding action on gun-control legislation.

By Mark Schoeff Jr.
LPL, Cambridge and others in 'serious' talks to buy Foothill Securities
INDEPENDENT BROKER DEALERS JUL 27, 2016
LPL, Cambridge and others in 'serious' talks to buy Foothill Securities

The adviser-owned independent broker-dealer is in “serious discussions” to be acquired by a larger firm, with LPL, Cambridge, and others as potential suitors.

By Bruce Kelly
PRACTICE MANAGEMENT JUL 26, 2016
Adviser's Consultant: Outsourcing many compliance duties best move for CCOs

Unless firm can spend $200,000-plus a year, don't keep most compliance functions in-house.

By Liz Skinner
DOL's rule on state retirement plans arrives at OMB
RETIREMENT PLANNING JUL 26, 2016
DOL's rule on state retirement plans arrives at OMB

The regulation, which offers states a route to avoid liability under ERISA, took its final step toward finalization.

By Greg Iacurci
PRACTICE MANAGEMENT JUL 26, 2016
Advisers asking DOL for clarification on fiduciary rule's impact on compensation

Labor Department's Tim Hauser discusses fiduciary rule's impact on compensation.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT JUL 26, 2016
Raymond James agrees to $5.95 million settlement with Vermont over alleged compliance failures

Vermont's regulator found supervisory failures under an EB-5 program helping to develop the state's ski resort

By Christine Idzelis
REGULATION AND LEGISLATION JUL 25, 2016
Adviser, insurance groups step up spending on political campaigns

Some have a board mandate to shell out more, while others have been encouraged by seeing their donations enhance their lobbying efforts.

By Mark Schoeff Jr.
MoneyGuidePro creator releases DOL fiduciary-focused software
FINTECH JUL 25, 2016
MoneyGuidePro creator releases DOL fiduciary-focused software

Firms that use the tool will have a way to gauge if clients are invested to their best interests.

By Alessandra Malito
PRACTICE MANAGEMENT JUL 24, 2016
SEC 'temporary' principal trading rule to expire

Official says few firms are using it, although SIFMA has been a proponent of keeping it alive.

By Mark Schoeff Jr.
Republican convention speakers back tax and financial reforms
REGULATION AND LEGISLATION JUL 21, 2016
Republican convention speakers back tax and financial reforms

The future of tax reform and other adviser-related interests are getting attention at the Republican party convention. <b><i>(More: <a href="//www.investmentnews.com/gallery/20160721/FREE/720009999/PH&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">10 sectors to watch when Hillary Clinton or Donald Trump become president</a>)</b></i>

By Liz Skinner