Answers released last week give clarity on some issues, like fee-based advice and recruiting incentives, but are obscure on reasonable compensation.
Labor Department lays out guidance on questionable compensation practices for brokers &mdash; and RIAs. <b><i>(More: <a href="//www.investmentnews.com/section/fiduciary-focus"" target=""_blank"" rel="noopener noreferrer">The most up-to-date information on the DOL fiduciary rule</a>)</i></b>
'The great challenge ... is that ability to re-differentiate ourselves from those who are following your success and wanting to look and act and to appear to clients just as you do.'
Firms shouldn't wait for an inspection notice from the SEC to begin fortifying their online systems.
The SEC and states like Indiana believe company insiders can provide better insights on fraud and wrongdoing than aggrieved investors can.
At least four trade associations reached their highest levels of donations in this election cycle, the FEC reports.
Measure requires brokers to establish trusted contacts on accounts and allows them to stop distributions in questionable circumstances.
Regulator is using advanced data analytics to find the bad seeds who can undermine a firm's culture and foster 'good people making bad decisions,' the Finra chief says.
The Skybridge Capital executive says the regulation diverts too much capital into low-cost passive funds, and he compares it to the 1857 Dred Scott decision. <b><i>(More: <a href="http://www.investmentnews.com/article/20160925/FREE/160929970/hillary-clinton-vs-donald-trump-who-are-you-voting-against" target="_blank">Hillary Clinton vs. Donald Trump: Who are you voting against?</a>)</b></i>
Laurence I. Balter, founder of Oracle Investment Research, also allegedly charged clients both an advisory fee and a fund-management fee.
