Former SEC chairwoman Elisse Walter says their fiduciary duty is largely about disclosing conflicts, not eliminating them.
Now that a new law provides executors with access to digital assets, estate planning needs to include such assets
Hearing panel also permanently bars broker Bruce Zipper for ignoring suspension.
Bills introduced in House, Senate would remove PCAOB requirement.
Terry McCoy barred from working in a supervisory capacity and fined $75,000 for missing Ami Forte's churning of elderly client's account.
The wirehouse's wealth management group announces a fresh look at the ban now that the DOL rule is on the brink of death.
Senators cite reports that the outgoing commissioner pressured Citigroup officials over the bank's decision to limit business with gun firms.
At SEC meeting, both sides say agency must better define what 'best interests' means.
Eric Erb was ordered to pay restitution of $5.4 million to his defrauded clients.
Justice Department didn't petition the Supreme Court to rehear the case. A mandate from the 5th Circuit would finally lay the fiduciary rule to rest.
Regulator says transactions involving ether aren't subject to federal securities rules
Developed by Entreda, the platform will ensure every computer and mobile device is secure when accessing client data.
The move is intended to cut compliance costs for firms as well as make the registration and disclosure process more efficient.
New York State Court of Appeals scales back $11 billion lawsuit against Credit Suisse.
Plan sponsors are left out of the equation because they don't appear to fall within the definition of "retail" investor, legal experts say.
At investor town hall in Atlanta, the agency's head urges clients to press advisers on fees
SEC says firm employees misled customers into overpaying for RMBS debt.
The proposed best-interest standard applies only to 'retail customers,' a definition that seems to omit broker recommendations to retirement plans. RIAs, though, are still on the hook.
For different reasons, each says client-relationship-summary disclosure is flawed.
The mutual fund giant was the largest shareholder of American Realty Capital Properties Inc. when it reported inflated financial results because of a $23 million accounting mistake.
