Seventeen percent reported abuse, down from 20% in 2010: Investor Protection Trust.
Many advisers and the firms they work for are still woefully unprepared for what lies ahead.
Post-DOL fiduciary rule, industry watchers expect even more outsourcing to help reduce or eliminate fiduciary liability when building plan lineups.
The president's goal is over a five-year period, with an increase of 11% for fiscal 2017. Taxes, including for capital gains, also would increase under the new budget proposal.
A Michigan pension plan says the company bought back shares at artificially inflated prices because of misleading statements it made about its financial condition.
Guy Gentile accusing of fraudulently inflating price of stocks
There is a new generation of financial companies that already lives up to the DOL's proposed rule.
Firm expects the fiduciary rule to be a catalyst for more advisory business and wants to help its advisers compete.
Responsibility for advice — even that which is incidental to a transaction — cannot be palmed off on an inanimate object.
Finra orders the firm to pay about $2.9 million to two investors in Puerto Rico closed-end municipal bond funds. Total claims top $1.1 billion.
Florida financial advisers are appealing a lower court decision in ongoing legal battle over how they can describe their compensation.
The comment period for the rule, which was introduced in December, closed on Monday.
If the Labor Department has its way, say goodbye to the variable annuity industry as we know it. </br><b><i>(Related: <a href="http://www.investmentnews.com/section/specialreport/20160221/ANNUITY22016" target="_blank">Spotlight on Annuity Strategies special report</a>)</b></i>
Regulator launches target examination to assess compliance values and how they influence brokerages' ability to adhere to securities rules.
Plus: Most investors made money in March, negative interest rates could mean the end of cash as we know it, and re-writing office dress codes
The insurer allegedly made false representations to investors over the strength of its long-term-care business.
One says isolationist policies could be bad for economic growth, but another likes his stand on tax reform.
The North American Securities Administrators Association will make Senior$afe available to its members next month.
Exchange-traded funds have achieved a new feat, producing dozens of funds that are riskier than the most volatile individual stocks in the Standard and Poor's 500 stock index.
The Securities and Exchange Commission will be looking at ETF sales strategies, trading practices and disclosures, as well as suitability and sales supervision of variable annuities.
