Lawrence Allen DeShelter faces 20 years in prison.
Some wait for Trump to conclude review before telling clients about rule.
Firms have trimmed their lineups of investment products, leveled broker compensation and standardized compensation across product lines
<i>InvestmentNews</i> senior reporter Mark Schoeff Jr. gets the skinny on the next phase of the fiduciary rule's rollout.
Relying on mainstream concepts is becoming dangerous for retirement plan advisers when working with clients.
The regulation will trigger a fiduciary acknowledgement from advisers. But, strangely, it's not a disclosure mandated by the rule itself.
Don't just think about risk tolerance when it comes to investments.
Financial CHOICE Act faces long odds in Senate. Meanwhile, House and Senate Republicans introduce stand-alone legislation to scuttle the regulation.
Investment management and financial planning will take a back seat to just making clients' lives easier.
While Washington wrestles with the fate of the fiduciary rule, the financial advice landscape remains supremely dangerous.
The fact that the impartial conduct standards are the sole requirement of BICE during the transition period speaks volumes to their importance to retirement advisers.
The concept of the rule has divided our industry in ways no one could have predicted.
A request for information sent yesterday to the Office of Management and Budget is the first step in reviewing the rule, Mr. Acosta said. <b>Plus, <a href="http://www.investmentnews.com/article/20170607/FREE/170609954/investment-adviser-association-members-take-complaints-about-dol" style="color:#b10816" target="_blank">Investment Adviser Association members take complaints about DOL rule to Capitol Hill</a>.</b>
The tool is part of a series of upgrades that the Los Angeles-based firm is making to its technology platform for advisers.
Central bank policies are artificially driving up asset prices while creating little growth, according to the manager of the Janus Henderson Global Unconstrained Bond Fund.
But probably not from government's infrastructure plans.
The brokerage cites "additional flexibility" granted by the DOL in recent guidance as a determining factor.
The organization supports the underlying goals of the DOL rule, but thinks it should be "more appropriately tailored" to investment advisers.
Commodity funds have lost an average 8.7% a year over the past five years.
