A group of medical professionals are suing their employer, health care provider Novant Health, arguing that the company violated its fiduciary duty by offering excessively costly 401(k) investments and overpaying its providers.
A ban on financial advisers' charging commissions in the United Kingdom has driven investors with small accounts out of the advice market, according to a mutual fund official in Europe, something that Department of Labor fiduciary opponents argue could happen here.
Bowing to industry concern, Finra says it will limit the personal data it collects in new monitoring program
Live from FSI OneVoice: Group wants to remove the uncertainty of continuing IRS scrutiny. <b><i> <a href="http://www.investmentnews.com/section/video?playerType=Events&bctid=3117749314001&date=20140128">Check out a video interview with Dale Brown, where the organization's president and CEO offers his Finra wish list.</a> </b></i>
On Monday, the Supreme Court let stand a decision in the 7th U.S. Circuit Court of Appeals that permits employees of the defense contractor to proceed with a class action against the firm. The case will now go to trial.
Ruling hinged on the firm's disclosure of revenue-sharing agreements.
Meanwhile, Ways and Means to send tax extensions bill to full Senate on Thursday.
The broad investing public isn't exactly riveted by the controversy surrounding the so-called “fiduciary standard,” but they should be.
Steep punitive damages awarded to a client show that reps will be forced to pay heavily for their misconduct
Assistant Labor Secretary takes on all questioners about pending re-proposal of DOL fiduciary rule.
Republicans point finger at SEC to deny funding, support SRO
Advisers, take note: Regulator warns that seemingly small or hidden fees can cause a big dent in portfolios over the long haul.
Those who provide local governments with advice on derivatives won't have to register.
Tom Perez trying to push controversial proposal over the finish line but it's taking some time.
Concern over cost of doing business for advisers, lack of choice for consumers.
Bloomberg columnist William D. Cohan on the saga of Jill Wile, a former manager in the southeast regional office of the Financial Industry Regulatory Authority Inc.
Differing definitions of “fee-only” were hashed out by the Certified Financial Planner Board of Standards Inc., NAPFA and the Financial Planning Association earlier this week and while no conclusion was reached, the CFP Board will have the last word.
IBDs and wirehouses split on potential regulation to reveal recruiting packages
