Under the Labor Department rule that took effect this week, advisers must declare their fiduciary status and material conflicts of interest in writing and follow impartial conduct standards.
At the center of the judge's order to vacate the arbitration decision were questions about whether or not Finra arbitration was a neutral forum for investors.
The SEC, NASAA and the CFTC take action to stop Safeguard Metals and its owner, Jeffrey Santulan, whose scheme allegedly targeted investors who were at or nearing retirement.
FSI is partnering with Inroads to encourage its member firms to offer paid internships for students of color.
The case filed against the Columbus Regional Health System cited breaches similar to those alleged in the Northwestern case, such as offering retail share classes of mutual funds instead of lower-cost institutional shares.
Ophelia Snyder, 29, is already managing $2.5 billion. She is now teaming up with Cathie Wood to bring a Bitcoin ETF to the U.S. — if regulators allow it.
Under Chairman Gary Gensler, the agency is taking a closer look at private equity, hedge funds.
Stakeholders must have enough time to analyze and provide a reasoned response in order to provide helpful input on proposed regulations.
A pending proposal likely would focus on strengthening advisory firms' disclosures and their preparedness for cyber risks.
Without saying 'I told you so,' advisers are reminding their clients that investing in crypto will be stomach churning.
The SEC enforcement review focuses on whether the companies’ offerings should be registered as securities, people say.
Now that it has broker-dealer status, Gemini Galactic Markets can operate an alternative trading system that will facilitate the trading of digital asset securities.
The leaders of the agency's enforcement division talk about the message the SEC sent with a $125 million penalty for JPMorgan's failure to preserve text messages.
Law firms Miller Shah and Capozzi Adler have been busy filing cases against retirement plan sponsors, and that's been paying off for them.
Regulator's complaint details examples of repeated applications – in some instances as many as 13 in one month.
The analysis found that a federal auto-IRA, improved Saver's Credit and other proposed changes would have a substantial impact on retirement preparedness.
In a recent public appearance, the SEC chair addressed so-called 'regulation by enforcement' without mentioning it by name.
The Massachusetts securities regulator's latest sweep targets the broker-dealers of the largest fund companies in the industry: Vanguard, Fidelity, T. Rowe Price, BlackRock and American Funds.
German Nino used $4.2 million of a client's money on gifts for several women with whom he had romantic relationships.
In a decision that's almost certainly unwelcome news for retirement plan sponsors, the Supreme Court said lower courts paid too much attention to whether the university's inclusion of some low-cost options in its plans is sufficient to show fiduciaries abided by their duties.
