The top Republican on the Senate Banking Committee pressed the SEC chair to scrap an agency proposal to require climate reporting by public companies.
During Fiduciary September, the head of the Institute for the Fiduciary Standard worries that the SEC is eroding the standard.
The firm becomes a founding sponsor of the Center for Financial Planning, whose mission is to build a more inclusive talent pipeline.
The Wells Fargo retirement plan paid more than fair market value for stock that diminished participants' savings when it was allocated to their accounts.
The firms managed private funds and fell short of custody compliance by failing to give investors audited financial statements about the funds.
Broker and adviser standards of conduct differ in some respects but should result in the same outcome for investor protection, an agency official said.
CEO Patrick Mahoney hopes to work with the CFP Board and NAPFA in achieving legal protection for planning profession, even though it left the group over differences on the issue.
But a different case centering on the complex option strategy was dismissed last month by a separate panel of arbitrators.
A bill introduced by Rep. Angie Craig, D-Minn., faces long odds this year, while the prospects for broader reform of the program depend on the outcome of November's election.
Denizens of the metaverse can be ripped off by virtual investments, the North American Securities Administrators Association said in an advisory.
