The company allegedly breached its fiduciary duty, in part by selecting funds that allegedly made excessive revenue-sharing payments to Fidelity
The argument hinges on whether a lifetime sanction is a punitive or remedial punishment
The bank produced video of a man following an adviser to her car. Key footage is allegedly absent
Firm recommended that clients buy, hold single-inverse ETFs in retirement accounts despite previous Finra penalty
Presidential candidate to introduce measure that stops execs from delaying paying taxes on stock options and deferred compensation
Insurance salespeople had a part in selling the $1.2 billion Woodbridge Ponzi
The regulator says Seagal failed to disclose that he was paid for touting B2G's initial coin offering
The Supreme Court decision makes it harder for fiduciaries to cite a three-year window to have ERISA claims dismissed
The Insured Retirement Institute wants mandatory retirement plan coverage for most businesses, but similar legislation has been floated in the past
The Securities Division says the state considers VAs to be insurance products, not securities
Other factors include changing client demographics and technology innovation, according to a new survey
N.J. investment representative Gary Scheer was also assessed $750,000 in civil penalties for selling fraudulent investments
Court rules in a lawsuit filed against Intel that companies can't assume employees read the emails they're sent with details about plan investments
The organization's efforts range from state fiduciary measures to the SEC's proposed changes to its advertising rules
Low interest rates are hampering sales, but the SECURE Act and the threat of a market correction could change that
The deal allows the bank to avoid a criminal conviction for its sales abuses
The regulator is probing whether firms are giving customers best execution of trades
A federal judge found that Fidelity was not a fiduciary to the plans at the center of a class-action lawsuit
Agency alleged the advisory firm defrauded clients by misrepresenting returns on strategies
But the advice standard would require brokers to act ‘without regard to’ their own financial interests
