Enforcement actions by NASAA members resulted in one-third-longer sentences last year over 2012.
NASAA working group not going to draw conclusions about whether fees are too high, just how to make them more transparent.
Fat commissions could be trimmed if states approve regulations affecting the sale of nontraded real estate investment trusts.
Mark Goldberg of IPA praises regulator's action to extend clarity to investor statements.
<i>Breakfast with Benjamin:</i> The Bond King levers up. Plus: There is nothing smooth about the Fed's next move, the first nail in hedge funds' coffin and more.
The Federal Reserve decides to hold tight on interest rates, and advisers are reacting accordingly.
State securities regulators are making noise about implementing changes to policies that would limit how much a client's net worth could be invested in nontraded real estate investment trusts. Those limits would have helped clients in the case of a Louisiana broker who now has a Finra complaint.
NASAA report on hidden and complicated fee disclosures sparks drive for simple, uniform language.
Wary advisers are taking a closer look at F-Squared Investments, the largest manager of exchange-traded-fund portfolios, which is under investigation for misrepresenting past returns.
The SEC's potential rules to increase disclosure of mutual fund holdings should be applauded.
Victims of the most infamous Ponzi scheme lost $17.5 billion but this week, recoveries reached $10 billion. The cost of liquidating the con man's defunct investment advisory firm has topped $1 billion but his former clients aren't footing the bill.
<i>Breakfast with Benjamin:</i> Biotechs riding high. Plus: Reading into the market's Halloween indicator, J.P. Morgan steps in another MBS mess, Ford looks like a preview of things to come for stocks, and investing like rich folks, even if you aren't rich yet.
A New York man admitted to illegally passing inside corporate information to a Morgan Stanley broker on notes at Grand Central Terminal, and then chewing and swallowing the evidence.
The regulator will consider a revised version of a rule requiring brokers to disclose recruitment incentives at its board meeting next week.
$1.6 billion Hanson McClain claims Thomas Chandler and his new firm, Ameriprise, committed 'highway robbery' in taking client information.
Louisiana financial planner makes trek to DC to lobby senator on user fee bill
This week's top <i>InvestmentNews</i> stories feature an LPL exec's exit, potential pitfalls for brokers changing jobs, a flurry of adviser moves and a high-profile lesson in trust planning.
Regulators are notorious for dragging their feet, and investors suffer when new rules take too long to be finalized.
