Lawmakers sent a strong signal this week to financial regulators that more investors should qualify to buy unregistered securities.
<i>Breakfast with Benjamin</i> Can charging lower fees for bond investments be both the right thing to do and a violation of your fiduciary duty?
Chief Judge Barbara M.G. Lynn is expected to issue a summary judgement on three consolidated lawsuits.
The Labor Department is increasing payouts for civil penalties related to retirement plans.
Four nominees were announced Friday after qualifying for the ballot.
After posting a surplus the year before, Finra's CEO says expenses for data migration to 'cloud' storage are partly to blame for 2015.
Conservatives and liberals alike have stepped up criticism of the brokerage industry regulator.
Such a strategy is meant to reduce the appearance of a conflict of interest when using commission products in retirement accounts.
Such a strategy would aim at levelizing compensation, thereby dodging additional compliance requirements and litigation risk.
The collaboration focuses on the compliance confusion among advisers and broker-dealers caused by the DOL's fiduciary rule.
Confusion could be the rule's greatest by-product due to its broad and somewhat general nature.
Many professional certification programs have long demanded their advisers act in clients' best interests, and not just when working with retirement accounts.
Simply playing the fiduciary card to win over investors may not work the way it did in the past.
Already expected to spur consolidation among broker-dealers, the DOL fiduciary rule could also hasten RIA mergers.
Plus: Oil is low and going lower, active managers get bested by a cat, and what you can learn from your rich neighbors
Parties will now have more time to prepare for a hearing and be able to take depositions, but concerns of fairness remain.
Agency has filed 508 enforcement actions through the first three quarters of fiscal 2016, down 8% from last year.
Rep. Luke Messer's forthcoming bill seeks to alter administrative forums that he says 'trample' on people's rights and contribute to a fearful citizenry.
In about a year from now, 21 investment advisory firms representing about $518 million of assets will be required to switch to a state registration from the one they now hold with the SEC.
After laying low for weeks, opponents of the Labor Department's fiduciary rule finally push back.
