Broker-dealer regulator says parts of communications rules that would be excised include the filing of generic investment company material and shareholder reports.
Advocates say education, transparency better than a regulatory crackdown on alternatives.
The regulator alleges Pacific West Capital Group mislead investors about risks associated with the investments
New study finds that clients believe their financial advisers act in their best interests, even when they aren't required to.
Agency says wirehouse executed short sales in some stocks even when supply fell short.
The Department of Labor, led by Secretary Thomas Perez, proposed a highly anticipated and controversial rule Tuesday that would require brokers working with retirement accounts to act in the best interest of clients.
This year, the regulator says it will explore risks associated with increasingly popular alternative investments designed to generate high yields amid low interest rates “as investors are more dependent than ever on their own investments for retirement.”
Senate leaders are asking the public to add their ideas for overhauling the code to the bipartisan debate.
Commissioner John Koskinen says agency is still struggling to stop identity theft
Labor Secretary aims to assure industry rule will be 'much more informed' than last attempt, which faced fierce protest and was withdrawn in 2011.
