SEC official tells alternative mutual funds to define principal strategies for investors.
Financial planning clients not getting what they pay for because of a lack of government-enforced professional standards, according to the study sponsor, the Financial Planning Coalition
A Republican majority would likely boost the passage of GOP-favored bills, but not the consideration of industry concerns.
Under Mary Jo White, agency is more prone to launch disciplinary action to correct violations than in the past
House poised to approve continuing resolution that freezes SEC budget, while agency's chairman says funding not enough to support expanded adviser exams
Republicans reject SEC user-fee amendment to appropriations bill that would have provided additional funding for adviser exams
Citing concerns over investor protection, SEC commissioners will take up a Finra proposal that would allow arbitrators to alert Finra to broad investor threats during dispute hearings.
Republican indicates a preference for enhanced disclosure.
New study pegs the annual cost for industry at $310 million, but fees for individual firms would vary based on AUM.
Group suggests gauging sophistication of individuals based on knowledge, or limiting the portion of a portfolio that can be invested in private placements.
