Lawsuit alleges 401(k) and profit-sharing participants invested in tech firm's custom target-date series and global diversified fund lost hundreds of millions of dollars.
<i>Breakfast with Benjamin</i>: A dead asset no longer, gold shines bright above its 200-day moving average for the first time in five months.
Proposal would force RIAs to comply with both the SEC standard and Labor Department's rule, FSI says.
Proposal would clarify brokers' and advisers' responsibilities in cases of suspected elder abuse
Compared to other nations, we have a substantial head start in building a sound, funded solution for the challenges of aging populations
Democrat Lisa Fairfax and Republican Hester Peirce have academic backgrounds and sit on the agency's Investor Advisory Committee.
A common thread across technology-driven breaches is the failure of firms to establish and enforce policies and procedures.
As she enters what could be her last year as chairwoman of the SEC, experts grade Mary Jo White's performance.
Candidate says clients and constituents, virtually unfazed by recent market turbulence, need a level playing field for financial advice.
Heading a huge, highly visible agency in the wake of a financial crisis results in ups and downs for Mary Jo White.
From how much money the money manager's executives make, to jabs at former colleagues, the lawsuit is chock-full of internal intrigue.
<i>Breakfast with Benjamin</i> The Democratic candidate proposes new fees for taking investment risks, because taking investment risks aren't risky enough already, or something like that.
A letter to Democratic colleagues warns against riders attached to spending bills in upcoming budget negotiations.
Judge rules the agency did not meet the criteria for a stay and “has not demonstrated likely success” in its argument that the administrative law judge process is constitutional.
In one recent case, regulators charged an RIA's president, vice president and chief compliance officer. The firm is no longer in business.
Chairwoman tells lawmakers agency will proceed at own pace, separate from DOL, on raising investment advice standards.
Amendments would answer some of the criticisms against use of in-house judges versus federal court.
DOL fiduciary rule, taxes and Social Security are all prime subjects for discussion as five contenders look for opportunities to stand out.
Funding set until Dec. 11 but before then, lawmakers have to replenish federal highway funding and raise the debt limit.
