Brokerage and fund trade associations caution against limiting the market for retail customers. Consumer group and state regulators say more oversight is needed to protect investors.
Fidelity wants to make it easier to allocate 401(k) assets into Bitcoin, while the Department of Labor is warning plan fiduciaries to be extremely careful about using crypto.
But as the year goes on, the current market volatility is likely to cause the number of arbitration cases to spike.
The broker-dealer self-regulator projects a drop in corporate filings and market trading volume, which will reduce its fee income.
SEC Chairman Gary Gensler has been under pressure from Republican lawmakers and industry trade associations to allow more time for feedback on rulemaking.
Republican lawmakers express concern over expansive SEC agenda that they say exceeds the agency's authority and jurisdiction.
The key to a prudent process for selecting annuities for a retirement plan is to assess cost, performance and risk factors.
Advisers should talk to their clients about their comfort level with risk and whether they prefer a safety-first approach.
During inflationary periods, sectors that thrive under most circumstances and breakthroughs that have established themselves are both good bets.
Gerald J. Fasanella alleged that the firm had conducted a “pre-meditated scheme to defame” and fire him.
