<i>Breakfast with Benjamin</i> These days, running for president means talking tough about Wall Street reform.
2,041 advisers surveyed by <i>InvestmentNews</i> weigh in on the presidential election
Regulator bars owner of Total Wealth Management, Jacob Cooper, known as 'Main Street Madoff' by former clients, and holds him liable in case where losses are expected to total as much as $44 million.
The controversial financial guru said the Labor Department rule would "kill" the middle class' ability to get retirement advice.
A Labor Department rule that would raise investment advice standards for retirement accounts took its last step toward finalization Thursday night.
Firms may have to spend more money and more management time upgrading their archiving systems
<i>Breakfast with Benjamin</i> The SEC is poised to wrap up its case against adviser Dawn J. Bennett, despite Ms. Bennett and her lawyers skipping the trial.
Dawn Bennett skips the start of her trial on grounds that it's unfair for SEC to use in-house administrative law judges.
A combination of increased revenue, including a doubling of money raised through fines, and lower expenses helped Finra significantly increase net income last year.
Advisers should consider whether collective trust funds and separate accounts offer lower expenses than their mutual fund counterparts.
Both regulators are in the midst of major personnel changes and Congress is headed for an election year.
Measure would encourage advisers and financial institutions to report potential fraud, while protecting them from civil or administrative liability.
Financial Services Institute supports legislation to replace Labor Department's rule, and is not ruling out a lawsuit if it is finalized.
Mistakes made on this form are low-hanging fruit for the SEC and state regulators.
Will putting iconic fund firm in the crosshairs turn fiduciaries' attention toward overall value and away from fees?
The agency issued guidance to directors saying they should install a process to evaluate whether administrative fees are being used to encourage distribution.
Despite SEC chairwoman's concerns over leverage and impact on individual investors, backers hope legislation will pass because of bipartisan support.
Here's a break down of Congress' latest moves to adjust the tax code.
If you want to make money in the financial advisory business, don't be a financial adviser. Heading groups that advocate for them pays much better. <i>Plus, <a href="//www.investmentnews.com/gallery/20151201/FREE/120109998/PH"" target=""_blank"" rel="noopener noreferrer">see what the top brass make.</a></i>
Broker-dealers and advisory firms would be foolish not to take regulatory priority letters seriously.
