In FAQs, regulator says firms should review sales supervision procedures, not every transaction.
Maryland senator wants the SEC to make it harder for corporate executives to sell shares right after buyback announcements.
Barred broker worked at 10 different firms in his 13-year career
While legislation proposing a financial transaction tax has been introduced in the House and Senate, it's not likely to be enacted during the Trump administration.
The SEC claimed BB&T misled clients and caused them to overpay for advisory services.
IRI also pushes for SEC rule, and a bill to promote annuities in retirement plans.
As tax proposals become increasingly 'loony tunes,' financial planners grow more nervous about how the plans could affect their clients.
Key items include supporting the SEC's Reg BI, working to restore the deductibility of advisory fees and advocating for the adoption of NASAA's elder abuse rule.
There are clear steps that retirement plan fiduciaries can take to reduce the risk of litigation to near zero.
Legislation faces uphill battle in Congress, but the issue may become popular on the presidential campaign trail.
Massachusetts' Secretary of the Commonwealth joins the Labor Department in questioning charges some mutual funds face for using Fidelity's platform.
Agency's inquiry follows SEC and Finra investigations into private placement firm, which has raised $1.8 billion from wealthy investors.
Vehicles offer way to get tax breaks for bundling donations while delaying the giving part.
SIFMA, FSI, Investment Adviser Association say hands off; 16 advocacy groups say bring it on.
The Garden State would be the sixth state to create such a retirement program, and experts say it's likely others will join the ranks this year.
During hearing, several bills affecting advisers and brokers receive initial Senate consideration.
Department of Labor is allegedly investigating asset manager's infrastructure fee that is the focus of a 401(k) lawsuit.
Bank ups its estimate of how much it might have to spend to resolve investigations and claims related to its scandals.
Other seven-figure earners include top executives at ICI, SIFMA.
