Top regulator's support of a uniform standard breaks a tie among commissioners that has stymied efforts to move forward.
Jacob Cooper's RIA used investor money to settle a prior SEC complaint and fight a class action claim from investors, the regulator alleges. <b><i>(Don't miss: <a href="http://www.investmentnews.com/gallery/20141231/FREE/123109999/PH" target="_blank">Most outlandish regulatory blunders of 2014</a>)</i></b>
Tuesday's <i>Breakfast with Benjamin</i> features an adviser sentenced to 51 months of jail time for stealing from elderly clients. Plus: Bill Gross doesn't see a rate hike till late in the year, the latest bet for oil, and a don't-miss webcast sets the stage for 2015.
<i>Breakfast with Benjamin</i>: These plans are all the rage, but whether they provide any benefits to shareholders is a whole different issue.
Calls for curb to 'egregious tax loopholes' that enable varying tax bills for investors with the same underlying assets.
Commissioner says administration ignores industry's stiff oversight by market regulators.
Firm claims former adviser was a “Trojan horse” funneling business to his new firm, RCM Wealth Advisors, before he joined.
The president plans to direct the Department of Labor to move ahead with a proposal that would raise investment-advice standards for brokers handling retirement accounts, arguing that conflicted advice is costing Americans billions.
Changes could spark revolt, but 'when Congress needs dollars, they're going to get them,' one adviser says.
Duo seeks to represent more than 100 trainees, more than $5 million in damages.
Possible presidential hopeful seeks to simplify tax code with two rates for income taxes, one for corporate taxes.
<i>Breakfast with Benjamin:</i> Some funds using cash for protection. Lots of it. Plus: Adviser charged with stealing $1.3M from widows and church friends, up from the ashes arises a new subprime giant, and Wall Street courts millennials.
Move launches competition with Goldman Sachs in alternative space
Plus: Learn from the U.S. and invest in Europe, Carly Fiorina chides Hillary Clinton over email excuses, and St. Patrick's Day, American-style
Investors don't understand the core characteristics and key differences between investment advisers and other financial services providers, according to David Tittsworth.
Time for advisers to tell industry groups pushing hard against a fiduciary rule that they're tired of the rhetoric — and that they're not acting in advisers' best interests.
Advisers are hopeful that the House will approve making tax breaks for IRA charitable donations permanent, but are trying to keep expectations low.
The insurer will be the first non-bank to argue that its failure would not pose a threat to the financial system.
With spotlight on consumer confusion, harm, some think SEC will be swayed to quicker action reviewing brokerage contracts.
Brokers do a better job at cybersecurity than investments adviser, according to the SEC.
