Displaying 10200 results
Precious metals dealers charged in $185 million elder fraud scheme
The unregistered advisers allegedly convinced retirees to put savings into overpriced gold and silver bullion
Adviser bilked more than $100,000 from investment partnerships: SEC
The regulator is seeking permanent injunctions against Oscar Haynes Morris Jr. and his RIA Lakeside Capital Partners
Here’s why advisers think Joe Biden’s 401(k) tax plan will spur Roth contributions
The Democratic presidential nominee would convert retirement savings tax deferrals to tax credits
Complying with state senior reporting statutes
Firms must consider the interplay between different reporting laws in each state to maximize their immunity
State regulators flexed enforcement muscle in 2019
The NASAA report shows last year produced the most actions taken and money returned to investors in five years
B-Ds may be more likely to recommend complex products than RIAs
The NASAA report analyzed the results of a benchmarking exam taken prior to implementation of Reg BI
Finra proposal to tighten expungement process heads to SEC
The rule would establish a special roster of arbitrators for expungement and set deadlines for requests
Mutual of Omaha settles ERISA lawsuit for $6.7 million
The agreement would end the class-action suit brought in early 2018
Trade groups join push for e-delivery of investment documents
SIFMA, Investment Adviser Association, and others, are pushing the SEC to make electronic delivery the default option
COVID-19 401(k) loans end with a fizzle
Workers were mostly uninterested in the expanded $100,000 loan limit, according to recently released data
New Schlichter lawsuit targets MEP
The prominent 401(k) litigation firm filed a class-action lawsuit this week against Pentegra Retirement Services
Scalia making hay in his time inside
First he convinced the courts to throw out the fiduciary rule; now he’s crafted a new one as agency chief
Court orders asset manager to return $1 million to investors
SEC complaint alleges John Geraci knew of fraud when marketing his fund
SEC charges former Transamerica rep with fraud
Scott Allen Fries of Cincinnati took $178,000 from clients and spent it on himself
Private fund group lobbies to get products in 401(k)s
The Institute for Portfolio Alternatives says lawmakers are receptive to its diversification pitch
Ex-Voya broker allegedly flees country after facing dozens of complaints
As his clients sue, former rep James Flynn is reportedly in the Caribbean
The latest in financial #AdviserTech — September 2020
We look at the big news, announcements and underlying trends and developments that are emerging in the world of technology solutions for financial advisers!
Fed signals rates to remain near zero for at least three years
The central bank said again that it will continue buying Treasuries and mortgage-backed securities 'at least at the current pace'
BlackRock, Schwab, Fidelity press SEC for wider digital delivery of investment documents
Electronic delivery should be the default communication method for investors, according to a letter sent to the agency this month
Obama-era fiduciary rule cut sales of expensive annuities: Study
Even though a federal appeals court vacated the measure in 2018, its impact lives on
