Thomas Brenner, former CEO of First American Securities of Orrville, Ohio, is facing seven fraud charges linked to sales of private placements.
The rollover recommendation disclosures will 'get Monday-morning quarterbacked every time the market takes a dive,' one lawyer noted.
Direxion pulled a request to launch the Direxion Bitcoin Strategy Bear ETF.
House Democrats are considering a five-year suspension of the cap on federal deductions for state and local taxes, but the Vermont senator disapproves.
Building a rapport with clients is crucial to getting them to talk about steps that may be needed to protect their investment accounts from exploitation, advisers said at the IN Retirement Income Summit.
William Neil "Doc" Gallagher courted victims with Bible-thumping zeal and loads of Texas charm.
Listen to a particular client's needs rather than the noise in Washington, advisers said at the IN Retirement Income Summit.
The Financial Fitness Act would provide resources for student borrowers on 'core personal finance concepts such as budgeting, saving and investing.'
'I can't say it enough. Inflation is the key issue,' said Doll, who's chief investment officer at Crossmark Global Investments.
Numerous trade groups and other organizations have been flooding the court with briefs in support of Northwestern University, while at least one group of organizations is against it.
SEC Chairman Gary Gensler has expressed concern that the practice creates conflicts of interest for brokers.
The lawsuit filed in 2019 centered on the target-date funds used in the plan. Also this week, KPMG was sued over its plan, just as its CEO announced a participant-friendly contribution structure.
Kenneth Welsh of River Edge, New Jersey, who was fired in June, made at least 137 fraudulent transactions, the SEC charges.
The White House framework includes a 15% minimum corporate tax and a tax surcharge on wealthiest Americans, but leaves out an automatic retirement plan provision and changes to IRA rules
The administration believes the package, which includes tax increases and climate and social welfare spending, can pass Congress.
We’re still waiting for the first major Reg BI penalty to hit. When it does, it could spark controversy.
This year, dozens of entities have registered with the Department of Labor as pooled plan providers, and some have brought their plans to market.
The plan, sponsored by Senate Finance Committee Chairman Ron Wyden, would require the richest Americans to pay taxes annually on appreciation in publicly traded assets, such as stocks and bonds.
The Labor Department's proposed ESG rule is a great step forward. The transition to a more sustainable economy will require increased attention to material risks and opportunities, including those related to ESG factors.
The bill would increase the average benefit by 2% and impose the payroll tax on wages above $400,000.
