Some broker-dealers and RIAs are turning to third parties to begin the tough task of educating advisers on the new regulation. <b>(Plus, <a href="http://www.investmentnews.com/section/fiduciary-focus" target="_blank">find the answers to all of your questions on the fiduciary rule</a>.)</b>
Deputy assistant secretary Timothy Hauser also says liability exposure is relative to portfolio size, so regulation shouldn't prevent serving clients with modest assets.
Douglas Wayne Studer agreed to be barred from the securities industry.
Hybrid strategy between active management and index funds needs to perform and be cheap.
Robert Muh prevailed over four candidates vying for the position, including the governor running for reelection, Robert Keenan.
Plus: T. Boone Pickens takes on President Obama's energy policy, how traders navigated the Fed, and starting your day off right
Most don't expect they could pass a hacking-preparedness test if the SEC came knocking, or even know all the compliance factors they are responsible for, according to a new Financial Planning Association study.
Adapting to regulatory changes has been a struggle, meaning the nontraded REIT industry's worst fears have come true.
Increasing collaboration is at the top of the agenda for the new president of the North American Securities Administrators Association.
Voya allegedly took a "substantial portion" of the fee charged for investment advice, even though Financial Engines did the bulk of the work.
Plus: The case for active management, hedge fund ETFs, and debunking some money myths
The insurer, which is moving to a "self-directed call center" approach for certain investment products, is among the few companies which has publicized plans for compliance with the DOL rule.
Brokerage firms tend to win disputes over promissory notes.
Coordinated exams in 20 states reveal need to improve policies, procedures to protect seniors.
Staff recommendations on a potential rule to raise retail investment advice standards are being considered by commissioners, but a proposal is not imminent.
Plus: Deutsche Bank selloff linked to Obama administration leaks, knowing your active commodity ETF, and the real cost of “free”
The industry fails investors by clutching to a long-gone past, rather than moving forward by offering proven, updated investment approaches offered to large institutions.
If the firms decided to take shortcuts &mdash; and in the recent F-Squared case it seems like they did &mdash; they should be held accountable.
Measure also contains requirement for SEC to conduct 'rigorous' cost-benefit analysis before proposing its own fiduciary-advice rule.
