She claims agents are more interested in winning free vacations than finding the best investments for their clients.
Perez defends White House study, while SIFMA and ICI attack it.
Organization wants to strengthen its lobbying punch to counter the likes of NAIFA and others that oppose a clients' best interests rule.
While bipartisan group frets over 'unintended negative consequences,' Labor Department says bill would establish best-interest standard 'in name only.'
Lawmakers released what they called “legislative principles” for retirement advisers, including acting in clients' best interests.
The House Financial Services Committee overwhelmingly approved legislation that would ease restrictions on the kind of investors who can purchase unregistered securities.
Massachusetts securities cop alleges the firm, part of RCS Capital Corp., fraudulently rounded up proxy votes to support real estate deals sponsored by Nicholas Schorsch's AR Capital.
Advisers will be looking for ways to make up for a retirement income shortfall.
Commissioner says the agency's recent actions targeting chief compliance officers sends 'troubling message' that leaves them unsure of the extent of their responsibility, especially CCOs at small firms.
