Jacob Cooper, founder of San Diego-based RIA Total Wealth Management, built his business to over $100 million in assets and more than 600 clients. Last week, a court-appointed receiver in a case brought by the SEC determined that more than $44 million of those assets are likely lost.
One of Rep. Kevin Brady's ongoing pursuits has been eliminating the estate tax.
Battle over the Labor Department's proposed fiduciary rule reaches a new level of nasty.
Rep. Peter Roskam and colleagues' 'legislative principles' for retirement advisers refer only to disclosing conflicts, not mitigating them, FPC says.
Agency brings actions against new kinds of securities fraud.
Grassroots organization is sponsored by a trade association for life insurance companies.
Massachusetts' top regulatory cop accuses the company of allowing unregistered advisers to make trades through its broker-dealer platform.
Legislation would give advisers the option to have cases tried in federal court instead of in forums presided over by the agency's administrative law judges.
Even those who backed similar legislation two years ago now support the Labor Department's proposal to change investment advice standards for retirement accounts.
National Compliance Services Inc. and Regulatory Compliance say their product lines complement one another, and together they can meet increased demand as more advisers become independent and regulations proliferate.
SEC says investors lost about $5.5 million in first case against an issuer of structured notes.
The proposed fiduciary standard will have the biggest impact since the deregulation of the securities industry a few decades ago.
Fine related to two actions from the SEC and Finra over sales of closed-end bond funds and a former broker's fraud.
Latest exam data from state regulators show deficiencies are down dramatically, but some areas are particularly problematic.
American Society of Pension Professionals and Actuaries now plans to shape -- not kill -- the proposal.
<i>Breakfast with Benjamin</i>: Warren Buffett's distaste for activist investing boils down to simple math.
Bipartisans in Congress &mdash; as well as business and labor groups &mdash; are coalescing to try to stop a tax on high-premium health care plans.
Exchange warning on share price comes as Massachusetts securities cop Galvin <a href="//www.investmentnews.com/article/20151112/FREE/151119971/massachusetts-galvin-charges-realty-capital-securities-with-proxy"" target=""_blank"" rel="noopener noreferrer">charges its wholesale brokerage, Realty Capital Securities, with proxy fraud</a>.
Proposal would bring its dispute resolution arm back in house.
Finra says Edward Jones, Stifel Nicolaus, Janney Montgomery Scott, Axa and Stephens failed to waive sales charges for certain retirement accounts and charities.
