How do firms and brokers or executives continue to make the same sorts of mistakes while Finra and the SEC consistently miss the transgression?
Despite the president's assurances that 401(k) plans would remain as they are, House Ways and Means Chairman Kevin Brady doesn't rule out changes to the retirement accounts.
Investor advocates fear brokerage firms may seek to overturn Finra's rule banning class-action waivers in customer agreements.
'We have a process. They have a process. We have to respect those,' chairman tells SIFMA annual conference.
Hester Peirce and Robert Jackson Jr. believe the brokerage regulator's conduct in this area should be improved.
Fiduciary concerns under ERISA include cost compression, product development and regulatory pressures.
On plaintiff group's agenda: Establishing unpaid arbitration award pool and ensuring SEC doesn't 'water down' DOL fiduciary rule.
GOP reportedly had been considering reducing the cap on the annual amount workers can set aside for 401(k)s.
Suggestions for uses range from establishing funds for harmed investors, those whose arbitration awards go unpaid or giving it to the Treasury Department.
New York Times reports reps may have incentive to push higher-fee managed accounts.
Fidelity and Voya prevailed in similar pay-to-play cases this year against 401(k) record keepers.
T. Rowe's largest holdings in U.S. stocks are Amazon, Google, Apple, Microsoft and Facebook.
Move is designed to address unpaid arbitration claims, but critic says it doesn't go far enough.
Mandated contributions to Roth accounts would likely only be partial, as opposed to having a full repeal of pre-tax accounts.
Complaint alleges Nicklaus Moser and his firm deceived investors.
Some in industry fear a data breach that could make list public.
Flows to advisory accounts, while still higher than the start of 2016, dropped off more than 20% from Q2 and were the lowest in a year.
All 634.403 reps have been ranked based on factors such as prior regulatory disclosures, disciplinary actions and employment history.
Charitable deductions are an incentive to giving and a way for advisers to show their humanity.
Government says cybercriminals have found ways to access life insurance and annuity accounts.
