Regulator to meet April 18 to consider three-part plan that includes disclosure document, broker standard, adviser-standard interpretation.
Investor advocates and industry representatives are both hopeful and concerned after studying overview of proposal slated for release on April 18.
It could become a flash point that goes beyond semantics.
Group advocating for investments like REITs, BDCs, close-end funds, and energy and equipment leasing programs changes name to Institute for Portfolio Alternatives.
Broker-dealer drops effort to stop 60 cases related to steep Merrill stock dive in 2007-08.
Class-action lawsuit against Edward Jones reflects concern over shifting clients from commission- to fee-based accounts.
Maryland senator pulls provision requiring such duty from bill, Nevada's time line for regulation remains uncertain.
Industry groups and investor advocates alike seek enactment of the measure that increases workplace plans, eases annuity inclusion.
New rule, effective in 2019, requires best-interest standard in all aspects of financial advice.
He earned $7.4 million, up from $2.9 million in 2016 and 37% more than his predecessor, Mark Casady, made in his final year.
