Group advocating for investments like REITs, BDCs, close-end funds, and energy and equipment leasing programs changes name to Institute for Portfolio Alternatives.
Some lawmakers are warming to the notion of using annuities to help solve the nation's retirement crisis
Firms's advisory arms settle with SEC over breaching fiduciary duty and failing to disclose conflicts.
Concurrent concern brewing over a pilot program being beta-tested through next year, possibly longer.
Broker-dealer drops effort to stop 60 cases related to steep Merrill stock dive in 2007-08.
US authorities investigating whether unit inappropriately sold clients in-house investments.
Class-action lawsuit against Edward Jones reflects concern over shifting clients from commission- to fee-based accounts.
Court agrees with university that offering many investment options is not a violation of ERISA.
Maryland senator pulls provision requiring such duty from bill, Nevada's time line for regulation remains uncertain.
Lawsuit alleges futures broker committed suicide because bank forced him to retire.
The ruling doesn't apply to services, so investment management services for retirement plans and IRAs remain fiduciary activities.
Regulator claims Frederick David Holloway replaced lower-cost variable annuities with higher-cost ones without ensuring they were suitable or in their clients' best interests.
Wirehouse wants author's wrongful termination claim to be handled in arbitration.
Plaintiffs concede jury awarded too much money in estate fight.
Industry groups and investor advocates alike seek enactment of the measure that increases workplace plans, eases annuity inclusion.
Gregory Smith and Kirbyjon Caldwell face criminal and civil charges
The revised fiduciary standard will make it simpler to answer the increasingly common client question, 'Are you a fiduciary?'
Clyde Mick Jones accused of breach of fiduciary duty, violating state law.
New rule, effective in 2019, requires best-interest standard in all aspects of financial advice.
Broker-dealer regulator previously suspended David Warren Olson for promissory note default.
